EU Expected to Put a Halt to NYSE Euronext Merger with Deutsche Boerse

The Securities and Exchange Commission gave the go ahead yesterday for the proposed merger of NYSE Euronext (NYSE:NYX) and Deutsche Boerse AG, adding yet another deal to the list of U.S. authorizations likely to be rejected by European Union regulators.

The approvals rely upon the intended $17 billion combined closing. Investors and analysts don’t see this happening after EU antitrust examiners suggested last week that the body’s commissioners block the deal, believing it would cause a monopoly in European listed futures and options trade. The EU is scheduled to address the issue on February 1, and has until February 9 to make a decision.

Here’s how exchange operator stocks are reacting to the news:

NYSE Euronext, Inc. (NYSE:NYX): NYX shares recently traded at $27.04, up $0.14, or 0.52%. They have traded in a 52-week range of $21.80 to $41.60. Volume today was 815,545 shares versus a 3-month average volume of 2,601,290 shares. The company’s trailing P/E is 11.08, while trailing earnings are $2.44 per share.

Nasdaq OMX Group Inc. (NASDAQ:NDAQ): NDAQ shares recently traded at $25.17, up $0.39, or 1.57%. They have traded in a 52-week range of $20.32 to $29.71. Volume today was 260,755 shares versus a 3-month average volume of 1,888,860 shares. The company’s trailing P/E is 10.49, while trailing earnings are $2.40 per share.

CME Group Inc. (NASDAQ:CME): CME shares recently traded at $238.55, up $5.9, or 2.54%. They have traded in a 52-week range of $224.69 to $317.37. Volume today was 750,811 shares versus a 3-month average volume of 712,776 shares. The company’s trailing P/E is 12.65, while trailing earnings are $18.86 per share.

CBOE Holdings, Inc. (NASDAQ:CBOE): CBOE shares recently traded at $25.86, up $0.43, or 1.69%. They have traded in a 52-week range of $21.55 to $29.77. Volume today was 58,869 shares versus a 3-month average volume of 602,494 shares. The company’s trailing P/E is 17.42, while trailing earnings are $1.48 per share.