New York, March 30, 2006 – As part of its commitment to increase transparency in the NYSE-traded fixed income market, the Exchange today introduced a series of innovative online features to its public website, nyse.com, that provide public investors convenient and significantly improved access to information and pricing for bonds traded through the Automated Bond System (ABS). This new set of investor tools from the NYSE includes enhanced data tables, issue categorization, and sorting mechanisms previously unavailable in the broader fixed income market. In addition to the new directory of bonds sorted by name, symbol and issue type, investors now have the ability to view the most actively traded issues from the prior day, download a detailed daily bond summary archived by date, and explore a glossary of bond-related terms that provide explanations of key words and phrases. The addition of these features gives the investing public a central resource for all fixed income instruments traded by NYSE member firm subscribers using the ABS platform. ABS is an electronic bond-trading platform accessible to member firm subscribers through the Internet. Primarily serving retail trading in corporate bonds, the NYSE’s Automated Bond System maintains and matches orders on a strict price and time priority basis, and reports quotations and trade prices on an absolute real-time basis. Bonds traded through ABS include debt of NYSE equity issuers and their wholly owned subsidiaries, convertible bonds and debt not required to be registered under the Exchange Act, including U.S. government bonds, agency issues, international banks, and state and local bonds. Please visit http://www.nyse.com/bonds for information.
About NYSE Group, Inc. The NYSE is the world’s largest and most liquid cash equities exchange. The NYSE provides a reliable, orderly, liquid and efficient marketplace where investors buy and sell listed companies’ common stock and other securities. Our listed operating companies represent a total global market capitalization of over $22.5 trillion. In January and February 2006, on an average trading day, over 1.8 billion shares, valued at over $69 billion, were traded on the NYSE. NYSE Arca is the first open, all-electronic stock exchange in the United States and has a leading position in trading exchange-traded funds and exchange-listed securities. NYSE Arca is also an exchange for trading equity options. NYSE Arca’s trading platform links traders to multiple U.S. market centers and provide customers with fast electronic execution and open, direct and anonymous market access. NYSE Regulation, an independent not-for-profit subsidiary, regulates member organizations through the enforcement of marketplace rules and federal securities laws. NYSE Regulation also ensures that companies listed on the NYSE and NYSE Arca meet their financial and corporate governance listing standards. For more information on NYSE Group, go to: www.nyse.com
Cautionary Note Regarding Forward-Looking Statements
|