Where Deutsche Boerse-NYSE ranks in the record books

February 15, 2011, 10:23 PM UTC

Source: Thomson Reuters

Today’s $10.15 billion merger agreement between Germany’s Deutsche Boerse and New York’s NYSE Euronext (NYX) ranks as the fourth-largest exchange merger in history, according to Thomson Reuters.

It is the second-largest deal between exchanges based in different countries, following the $10.2 billion deal that merged NYSE Group with Euronext back in 2006.

Overall, Thomson Reuters reports that there has been $104 billion in exchange-related M&A in the past 10 years, of which 59% is cross-border.

Earlier this month, the Toronto Stock Exchange and the London Stock Exchange agreed to merge in a $7 billion deal. Late last year, the Australian Stock Exchange and Singapore Exchange agreed to an $8.3 billion transaction (which is still pending).

Worth noting, however, that not all massive exchange mergers are cross-border. The largest exchange merger on record was between two U.S. groups, when CBOT Holdings acquired the Chicago Mercantile Exchange in 2006 for just over $11 billion. In second place was the 2008 merger of Brazilian exchanges Bovespa Holdings and BM&F, which was valued at nearly $10.31 billion. After that comes the NYSE deals.