It has been recently revealed that the Exchange operator NYSE is of the view that it is going good with its policies for the year 2012 and despite the recent 19% fall it witnessed in the fourth quarter, its major plans are going as per schedule and there is no reason to worry.

It has been revealed that the net profit of the firm saw a fall of $110 million. It used to be $135 million at the same time last year. This might’ve been the result of tax settlement charges as well as the pre-tax merger expenses borne by the firm.

“We are targeting a two-year plan which, with only modest improvement in the operating environment, will drive higher levels of earnings per share growth through a combination of targeted revenue growth initiatives, accelerated cost efficiency efforts and disciplined deployment of capital”, revealed the Chief Financial Officer, Michael S. Geltzeiler.

It was further said that the net revenue for the fourth quarter was found to be $186 million. This is also substantially lower than what it was a year ago.

It was revealed by the Chief Executive, Duncan Niederauer, that they were extremely disappointed with the European commission’s decision. They are blaming the decision of the regulatory for blocking the merger, and thus causing a lot of problems and losses for the firm. It has also been said that the EU was of the view that this merger has been blocked due to the dominance the firm would’ve got with it. It would’ve meant that the firm would capture about 90% of the market, and this would be unfavorable for the rest of the firms in the business. It remains to be seen how well the firm functions with imposed restrictions and recent losses incurred.