Headline News

Recollections From Four Decades on the NYSE Trading Floor

This article first appeared in the Summer 2006 issue of “Financial History Magazine”, published by the Museum of American Finance. (Date: 10/10/2008)

NYSE Amex Options Unveils New Trading Floor

New York, March 2, 2009 – NYSE Euronext today announced that NYSE Amex options, one of the company’s two U.S. options exchanges, has completed its transition to the new, state-of-the-art trading floor located at 11 Wall St., New York . This new facility is adjacent to the New York Stock Exchange equities trading floor and is comprised of two adjoining rooms with new trading pits. The NYSE Amex options trading community and customers will benefit from the enhanced speed, order executions and capacity improvements of the NYSE Arca technology.

“On behalf of the former Amex trading community, we welcome the opportunity to join the NYSE Euronext exchange family,” said James Hyde, Vice President, NYSE Amex options. “As we begin this exciting new chapter in our history, NYSE Amex options customers will benefit from our best-in-class technology coupled with our proven open outcry marketplace, which offers better pricing and improved order executions.”

“Opening the new NYSE Amex options trading floor is a significant achievement for us and a milestone in the integration of our second U.S. options trading facility,” said Ed Boyle, Senior Vice President, NYSE Euronext U.S. options. “Adding the expertise and customer-focused approach of the NYSE Amex options traders and staff gives NYSE Euronext a new, complementary self-regulatory organization as well as the unique ability to leverage our multi-asset exchange model to another important customer segment.”

Customers Benefit from Choice of Market Models: NYSE Euronext's dual U.S. options exchanges, NYSE Arca options and NYSE Amex options, combine to make the third-largest U.S. equity options marketplace by number of contracts traded. The two U.S. options exchanges enables NYSE Euronext to operate a compelling dual market structure that provides all customers with the choice of price-time priority on NYSE Arca options or the traditional market-maker model and expanded array of services of NYSE Amex options, offering customers superior choice and flexibility.

NYSE Amex options provides customers with a separate, customer-driven marketplace that offers exceptional technology combined with a proven open-outcry trading environment. It offers NYSE Euronext customers another valuable platform to trade U.S. options with reliability, transparency and enhanced efficiency. (Date: 3/2/2009)

Uptick Rule on Shorting Stocks Expected to Be Restored

WASHINGTON - THE US Securities and Exchange Commission aims to issue a proposal in April to restore the so-called uptick rule and will look at other ways to address short-selling in the stock market, SEC Chairwoman Mary Schapiro said on Wednesday. The uptick rule, adopted after the 1929 stock market crash, allowed short sales only when the last sale price was higher than the previous price. It was abolished by the SEC in 2007. (Date: 3/16/2009)

USS Intrepid Sets Sail Down Hudson River

(Date: 12/5/2006)