CC: Do you think the combined company with the Deutsche Boerse is going to keep your New York character?
John Halvey: I don’t actually think of that as a ‘New York character’; I wouldn’t use the [words] ‘New York.’ It’s the fact that we’re the centerpiece of, the symbol of, capitalism. I don’t know if that’s as much a New York issue as it is a company-wide issue. We’ve tried to bring this flavor to our European operations. There’s a really bad picture of me ringing the bell in Amsterdam; there was no bell when we got there.
I think NYSE Euronext is always going to keep its New York flavor. But you want each jurisdiction to get its own unique flavor that way, and I think that’s happening. That’s part of why this merger is so attractive, because you’re pulling together the key capital markets—in the U.S., obviously, across Europe more and more, and presumably, and ultimately, around the world.
