Today, New York Stock Exchange shareholders voted to endorse the $14.3 billion acquisition of European exchange Euronext. Euronext shareholders, who held their vote yesterday, also approved the deal. CNBC's Maria Bartiromo interviewed NYSE CEO John Thain this morning on “Squawk Box.” He says the deal won’t be complete until the first quarter of 2007, but he’s already got his eye on Asia.
“Asia is the next logical step,” says Thain. He admitted NYSE has already had preliminary talks with the Tokyo Stock Exchange. He’s also looking in India and China. But the fact that these Asian exchanges are different in how they do business from NYSE will prevent an acquisition from happening in the near term.