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NYSE open to deals with other markets, CEO says

The New York Stock Exchange is open to deals with other global markets including exchanges in Frankfurt and Milan, within the framework of its planned merger with Euronext, chief executive John Thain said on Thursday.

"We continue to be receptive to the idea of adding other cash markets to the NYSE-Euronext structure ... that is certainly something that the deal would permit," he told reporters.

"And so whether it's Borsa Italiana or Deutsche Boerse's cash business, that is something that we would be receptive to," he said.

Thain also expressed confidence the deal with Euronext would be finalized despite opposition in some quarters.

He said the NYSE could look at Asian markets once the deal with Euronext is finalized.

Asked about India, he replied: "You've heard the comments from the Tokyo Stock Exchange about interest in having discussions after the NYSE-Euronext deal is done with Tokyo."

"And I always thought that the two other places in the world that would be interesting would be India and China. India is probably earlier than China," he added.
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