NYSE Euronext completes $144M acquisition of NYFIX

NYSE Euronext, which operates the New York Stock Exchange and other trading venues, on Monday said it completed its acquisition of trading technology provider NYFIX Inc.

The $144-million all cash deal, announced in August, valued NYFIX stock at $1.675 per common share.

Most of NYFIX’s business units will be folded into NYSE Technologies. The combination now provides a link between more than 450 buy-side institutions and more than 600 sell-side institutions, and connections to exchanges and electronic trading about the world.

NYFIX Euro Millennium operations will shut down, with the goal of shifting customers to SmartPool, a London-based multilateral trading facility created by NYSE Euronext in partnership with JPMorgan, HSBC and BNP Paribas.

In morning trading, NYSE Euronext shares slipped 4 cents to $25.20.

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