Euronext NV reports that Institutional Shareholder Services, the largest independent proxy research firm, recommends that shareholders vote in favour of its merger with the NYSE Group Inc.

Euronext says that ISS has recommended that its clients support all the proposals included in the agenda at the Extraordinary General Meeting to be held on December 19.

The exchange reports that in its analysis, ISS stated, “based on the strategic rationale presented by the company and a very positive market reaction, we recommend that shareholders vote for this merger proposal.”