NYSE Euronext is moving the timing of the American Stock Exchange equities integration to early December from mid-September. In connection with this, we are cancelling the industry test that had been scheduled for Aug. 23. As a reminder, the equities integration will transition trading from Amex/AEMI systems to the NYSE Alternext brand, using NYSE systems.
The extension responds to member firms' requests for additional time to make and test necessary programming changes, as well as for trading and post-trade system modifications that will make the transition easier for the firms.
Consistent with our previously announced plans, the migration of Exchange Traded Products (ETFs, ETNs, ILNs, etc.) from the Amex self-regulatory organization and AEMI system to NYSE Arca is expected to occur at the end of November; all such products will trade only on the NYSE Arca SRO and technology, and as a result of new timing for the Amex equities, the Exchange Traded Product migration will occur before the equities.
We will continue to work closely with all market participants toward a seamless and highly beneficial transition and integration of the markets. Revised details of technical modifications and testing opportunities will be published later this month. We encourage members to review that revised timeline and prioritize their system changes accordingly. For further information, please contact your NYSE client or technical representative.
Category: NYSE Alternext US, Traders
