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ICE will buy NYSE Euronext

Deal announced tomorrow.

Intercontinental Exchange is going to pay $8.2bn for NYSE Euronext, in a deal to be announced on Friday. ICE is 12 years old, and NYSE is 208. Here's the FT:

Under the terms of the deal, ICE has agreed to pay $33.12 per NYSE share in a mixture of cash and shares.

The duo said they would have headquarters in Atlanta, where ICE is based, and New York. ICE is also considering exploring a separate listing of NYSE’s European equities trading businesses.

The move would push ICE, which has grown by offering trading in energy, emissions and commodities, into trading listed interest rate derivatives, the world’s largest asset class.

It's the kind of move that's becoming more likely as next year's changes in the US derivatives market loom.

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We're hiring! Join the New Statesman as an editorial assistant

The NS is looking for a new recruit.

The New Statesman is hiring an editorial assistant, who will work across the website and magazine to help the office run smoothly. The ideal candidate will have excellent language skills, a passion for journalism, and the ability to work quickly and confidently under pressure.

The job is a broad one – you will need to understand the requirements of both halves of the magazine (politics and culture) as well as having an interest in the technical requirements of magazine and website production. Experience with podcasts and social media would be helpful.

The right person will have omnivorous reading habits and the ability to assimilate new topics at speed. You will be expected to help out with administration tasks around the office, so you must be willing to take direction and get involved with unglamorous tasks. There will be opportunities to write, but this will not form the main part of the job. (Our current editorial assistant is now moving on to a writing post.)

This is a full-time paid job, which would suit a recent graduate or someone who is looking for an entry into journalism. On the job training and help with career development will be offered.

Please apply with an email to Stephen Bush (Stephen. Bush @ with the subject line ‘Editorial Assistant application’.  

In your covering letter, please include a 300-word analysis of the strengths and weaknesses of the New Statesman. Please also include 500 words on what you consider to be the most interesting trend in British politics, and your CV as a Word document. 

The deadline for applications is noon on Monday 12th October.