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NYSE Trader

Relocation of NYSE Alternext Equity Trading Business

01 Dec 2008

We are pleased to announce the relocation today of the NYSE Alternext US (former Amex) equities business from 86 Trinity Place to 11 Wall Street, New York. NYSE Alternext US equities and closed-end funds are now traded on Posts 1 and 2 on the NYSE floor.

With the relocation, we have completed a number of changes that position NYSE Alternext US as one of the premier markets for listing and trading of small- and micro-cap securities. Highlights of the changes include:


1. Evolved market structure leveraging the NYSE next-generation market model.
2. Migrated trading, connectivity, and routing technologies onto NYSE Group platforms.
3. Introduced new, competitive maker/ taker pricing model.
4. Enhanced opening and closing processes similar to NYSE processes.
5. Greater transparency tools including depth-of-book products similar to NYSE OpenBook Ultra.
6. Adopted a Trading License model to streamline access to the marketplace.
7. Streamlined rule set to be similar to NYSE rules.
8. Streamlined post trade and other operational processes.

We thank you for your participation and cooperation with system testing efforts throughout this process, and hope that the changes we have made will earn your order flow in the coming weeks and months.

For additional information or reference to any of several notices regarding the NYSE/Amex integration effort please visit the NYSE Alternext US web page at http://www.nyse.com/nysealternextus or contact your relationship manager.

Category: NYSE Amex


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