Euronext, the Pan-Continental stock exchange, is said to be pressing on with its plans to merge with the New York Stock Exchange. Final clearance should be obtained by January.

Suggestions that Euronext may walk away from the NYSE deal in favour of a tie-up with Deutsche Borse and Borsa Italiana, have been scotched by a number of sources.

Meanwhile, the London Stock Exchange waits on the next move by Nasdaq, which can now launch a full bid for the LSE, if that’s its intention.