Morning Exchange is a television

Television

Television is a telecommunication medium for transmitting and receiving moving images that can be monochrome or colored, with accompanying sound...

 business

Business

A business is an organization engaged in the trade of goods, services, or both to consumers. Businesses are predominant in capitalist economies, where most of them are privately owned and administered to earn profit to increase the wealth of their owners. Businesses may also be not-for-profit...

 news programme aired on CNBC Europe

CNBC Europe

CNBC Europe is a business and financial news television channel, the pan-European sister station of CNBC. The network is owned and operated by NBC Universal and headquartered in London, where it shares the Adrian Smith-designed 10 Fleet Place building with Dow Jones...

 from 10am to noon CET

Central European Time

Central European Time , used in most parts of the European Union, is a standard time that is 1 hour ahead of Coordinated Universal Time . The time offset from UTC can be written as +01:00...

 (9am to 11am GMT) between June 2003 and December 2005. The show was simulcast

Simulcast

Simulcast, shorthand for "simultaneous broadcast", refers to programs or events broadcast across more than one medium, or more than one service on the same medium, at the same time. For example, Absolute Radio is simulcast on both AM and on satellite radio, and the BBC's Prom concerts are often...

 in the United States

United States

The United States of America is a federal constitutional republic comprising fifty states and a federal district...

 from 4am - 5am EDT.

The European Morning Exchange was originally presented by Ross Westgate

Ross Westgate

Ross Westgate is an English financial journalist for CNBC Europe in London, where he is a co-anchor of the global business news programme, Worldwide Exchange Ross Westgate is an English financial journalist for CNBC Europe in London, where he is a co-anchor of the global business news programme,...

 and Patricia Szarvas

Patricia Szarvas

Patricia Szarvas is a financial journalist currently based in Frankfurt, Germany working as the main anchor of CNBC Europe...

 (although Guy Johnson and Louisa Bojesen also became regular presenters) and contained rolling business news, focusing on the major European bourses. Segments included the Morning Meeting with an investment banker, and the 10:30am Talking Point in which several CNBC Europe business news correspondents debated an issue of the day.

Morning Exchange used the same theme music as its U.S. counterpart, Morning Call. The programme began in June 2003, and replaced the similar programme European Market Watch

European Market Watch

European Market Watch was a business news programme aired on CNBC Europe between 10 am-noon CET . The programme was originally based on the CNBC U.S. morning programme Market Watch, which was later replaced by the programme Morning Call...

. It ended its run on December 16, 2005, and was replaced by Worldwide Exchange

Worldwide Exchange

Worldwide Exchange is a television business news program on CNBC channels around the world. It is broadcast live from studios on three continents. The global program is anchored by Ross Westgate in London, Christine Tan in Singapore and various anchors in New York...

.