Euronext IPO requires separating out Liffe, ICE CEO says

IntercontinentalExchange CEO Jeffrey Sprecher says the company, having acquired NYSE Euronext, plans to divide Euronext, a European equity-market unit, and Liffe, a futures market in London. "The first order of business is to complete the extensive work to separate Liffe from Euronext," Sprecher said. Then, ICE plans to spin off Euronext through an initial public offering, likely in mid-2014.

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