NYSE Euronext announced Thursday the termination of its mega-merger deal with German stock exchange Deutsche Boerse after European regulators vetoed the deal.

A man goes out of the New York Stock Exchange (NYSE) in New York, the United States, on Feb. 2, 2012. NYSE Euronext announced Thursday the termination of its mega-merger deal with German stock exchange Deutsche Boerse after European regulators vetoed the deal. (Xinhua/Shen Hong)
"NYSE Euronext announced today that in light of the decision by the European Commission to block the proposed merger agreement, both companies have agreed to a mutual termination of the business combination agreement originally signed by the companies on February 15, 2011," NYSE said in a brief statement.

The European Commission issued a verdict Wednesday saying no to the proposed merger between Deutsche Boerse and NYSE Euronext.

According to a statement by the Commission, the proposed merger "would have resulted in a quasi-monopoly in the area of European financial derivatives traded globally on exchanges."

NYSE Euronext and Deutsche Boerse approved in July 2011 the 9. 53-billion-dollar takeover deal, which would have created the world's biggest exchange group.

VietNamNet/Xinhuanet