Satyam Computer Services, a global information technology solutions provider headquartered in Hyderabad, celebrated its fast-path cross-listing on Euronext Amsterdam. Satyam is the first NYSE-listed company after the merger between NYSE Group and Euronext to seek a cross-market listing on NYSE Euronext in Europe, using the convenient, cost-effective fast-path process, which relies on existing U.S. registration documents for its European listing.

Fast-Path Cross-Listing on NYSE Euronext markets:

NYSE Euronext is the first and only exchange group to offer a truly global cross-market listing, trading and visibility platform, providing cost-effective, convenient access to liquidity and investors in the U.S. and in Europe.

NYSE Euronext is the first exchange group to offer companies ability to trade and raise capital in $ and EUR, and reach investors and constituents directly across continents and multiple time-zones, regions and countries.

Global investor reach and visibility programs:

Fast-path cross-listing on NYSE Euronext’s European markets enables a company to use its existing American Depository Shares and US registration documents to list on NYSE Euronext’s European markets. Satyam has chosen Amsterdam as its entry point into the EU capital markets under the fast-path cross-listing, globally the first of its kind. The company's ADSs will trade on one single cross-border trading platform with connectivity to the European stock exchanges of Amsterdam, Brussels, Lisbon, and Paris, in addition to trading on the NYSE in the US.

NYSE Euronext already had 70 cross-listed companies before the merger between NYSE Group and Euronext. NYSE-listed Satyam is the first company to seek a new cross-listing following the merger.

Convenient, Cost-Effective Regulatory Requirements:

Regulators in NYSE Euronext’s European markets have agreed to a fast-path procedure in their respective countries, for non-EU companies listed on NYSE seeking a listing without a public offering in Belgium, France, Portugal or the Netherlands, using their US registration documents . As a result, US SEC-registered companies can use a “fast-track” process to obtain a secondary, “cross-markets” listing on EU capital markets using existing US filings.

This is a cost-effective and convenient way for publicly-traded companies to access investors directly across the EU on multiple continents.

Later this year, there is expected be one unified clearing and settlement system for NYSE Euronext’s four European exchanges - Euroclear.