NEW YORK, Jul 27, 2009 (BUSINESS WIRE) -- NYSE Euronext today announced that with Red Hat, Inc. (NYSE: RHT) today becoming the newest component of the S&P 500, the 411 New York Stock Exchange (NYSE) listed companies represent over 82% of the S&P 500 and approximately $7 trillion in global market capitalization, more than four times that of Nasdaq OMX, which has 89 listed companies in the S&P 500 with a combined market capitalization of approximately $1.7 trillion. Red Hat, based in Raleigh, NC, is a leading technology company that provides open source software solutions to enterprises.
"Red Hat's inclusion in the S&P 500 is a significant milestone for the company, and on behalf of NYSE Euronext we want to congratulate Red Hat President and CEO Jim Whitehurst and his team for this accomplishment," said Scott R. Cutler, EVP and Head of Listings, Americas, NYSE Euronext. "We're especially pleased that Red Hat becomes another leading NYSE-listed technology company in the bellwether stock market index, underscoring the NYSE's position as the leader in technology listings."
At $2.3 trillion (as of June 30, 2009), the total global market capitalization of NYSE Euronext-listed technology, media and telecommunications (TMT) companies is larger than the total global market capitalization of TMT companies listed on any other exchange group in the world.
"We are honored to be selected for inclusion in one of the most broadly followed financial indices, the S&P 500," stated Charlie Peters, Executive Vice President and Chief Financial Officer of Red Hat. "This recognition is a testimony to the results driven by our open source solutions and our collaboration with leading customers like NYSE Euronext, where we have delivered technology, innovation and value in helping them build the largest global trading platform."
Steve Rubinow, co-global chief information officer at NYSE Euronext, will deliver the keynote address at the 2009 Red Hat Summit to be held Sept. 1-4, 2009 in Chicago.
NYSE Euronext markets utilize open-source technology developed by Red Hat. To learn more about the results NYSE Euronext has achieved using Red Hat products and technologies, please visit: http://customers.redhat.com/2008/05/12/nyse/. (Source: Red Hat)
About Red Hat, Inc. (NYSE: RHT)
Red Hat, the world's leading open source solutions provider, is headquartered in Raleigh, NC with over 65 offices spanning the globe. CIOs ranked Red Hat as one of the top vendors delivering value in Enterprise Software for five consecutive years in the CIO Insight Magazine Vendor Value survey. Red Hat provides high-quality, affordable technology with its operating system platform, Red Hat Enterprise Linux, together with applications, management and Services Oriented Architecture (SOA) solutions, including JBoss Enterprise Middleware. Red Hat also offers support, training and consulting services to its customers worldwide. Learn more: http://www.redhat.com.
About NYSE Euronext
NYSE Euronext (NYX) is a leading global operator of financial markets and provider of innovative trading technologies. The company's exchanges in Europe and the United States trade equities, futures, options, fixed-income and exchange-traded products. With more than 8,000 listed issues, NYSE Euronext's equities markets -- the New York Stock Exchange, Euronext, NYSE Arca and NYSE Amex -- represent nearly 40 percent of the world's equities trading, the most liquidity of any global exchange group. NYSE Euronext also operates NYSE Liffe, the leading European derivatives business and the world's second-largest derivatives business by value of trading. The company offers comprehensive commercial technology, connectivity and market data products and services through NYSE Technologies. NYSE Euronext is in the S&P 500 index, and is the only exchange operator in the S&P 100 index and Fortune 500. For more information, please visit: http://www.nyx.com
Disclaimer and Cautionary Note Regarding Forward-Looking Statements
NYSE Euronext and its affiliates do not recommend or make any representation as to possible benefits from any securities or investments, or third-party products or services. Investors should undertake their own due diligence regarding securities and investment practices. This press release may contain forward-looking statements, including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements concerning NYSE Euronext's plans, objectives, expectations and intentions and other statements that are not historical or current facts. Forward-looking statements are based on NYSE Euronext's current expectations and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such forward-looking statements. Factors that could cause NYSE Euronext's results to differ materially from current expectations include, but are not limited to: NYSE Euronext's ability to implement its strategic initiatives, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk and U.S. and global competition, and other factors detailed in NYSE Euronext's reference document for 2008 ("document de référence") filed with the French Autorité des Marchés Financiers (Registered on April 28, 2009 under No. R. 09-031), 2008 Annual Report on Form 10-K and other periodic reports filed with the U.S. Securities and Exchange Commission or the French Autorité des Marchés Financiers. In addition, these statements are based on a number of assumptions that are subject to change. Accordingly, actual results may be materially higher or lower than those projected. The inclusion of such projections herein should not be regarded as a representation by NYSE Euronext that the projections will prove to be correct. This press release speaks only as of this date. NYSE Euronext disclaims any duty to update the information herein.
SOURCE: NYSE Euronext
Christiaan Brakman, 212-656-2094
Copyright Business Wire 2009