News Releases

 
The New York Stock Exchange Receives SEC Approval for NYSE OpenBook Real-Time®
Giving Investors and Market Professionals Faster and More Transparent Market Data

New York, Apr. 4, 2006 – The New York Stock Exchange received approval from the Securities and Exchange Commission to introduce NYSE OpenBook Real-Time®, a new information tool for investors and market professionals designed to offer customers immediate access to market information, increase the transparency of the NYSE market, and support the implementation of the recently SEC-approved NYSE Hybrid MarketSM.

“In response to customer demand for depth-of-market data, we’ve created NYSE OpenBook Real-Time, a new standard in real-time market information with transparency for stocks trading on the NYSE market,” said Ron Jordan, Senior Vice President, Market Data.  “Innovative products like OpenBook Real-Time, are what investors want and need in today’s marketplace.”

Launching on May 1, OpenBook Real-Time offers a valuable snapshot of the NYSE market and its unparalleled liquidity by providing a real-time view - aggregated and refreshed every second - of the NYSE's limit order book for all NYSE-traded issues.  Building on the success and functionality of the original NYSE OpenBook®, this new product adds another level of speed and transparency to the NYSE market and market data. 

OpenBook Real-Time gives customers instant market information that complements the speed and flexibility of the Hybrid Market platform by providing faster, more readily applicable data to support human and algorithmic trading.   The NYSE Hybrid Market offers the broadest choice of order-execution options to customers by providing the ability to trade electronically, instantaneously and anonymously, while maintaining the benefits of the NYSE auction market. 

Please visit http://www.nysedata.com/openbook for information.

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About NYSE Group, Inc.
NYSE Group, Inc. (NYSE:NYX) operates two securities exchanges: the New York Stock Exchange (the “NYSE”) and NYSE Arca (formerly known as the Archipelago Exchange, or ArcaEx®, and the Pacific Exchange).  NYSE Group is a leading provider of securities listing, trading and market data products and services. 

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
Certain statements in this press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.  These statements are based on NYSE Group’s current expectations and involve risks and uncertainties that could cause NYSE Group’s actual results to differ materially from those set forth in the statements.  There can be no assurance that such expectations will prove to be correct.  Actual results may differ materially from those expressed or implied in the forward-looking statements.  Factors that could cause NYSE Group’s results to differ materially from current expectations include, but are not limited to:  NYSE Group’s ability to implement its strategic initiatives, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk and U.S. and global competition, and other factors detailed in NYSE Group’s Annual Report on Form 10-K and other periodic reports filed with the U.S. Securities and Exchange Commission.  In addition, these statements are based on a number of assumptions that are subject to change.  Accordingly, actual results may be materially higher or lower than those projected.  The inclusion of such projections herein should not be regarded as a representation by NYSE Group that the projections will prove to be correct. We undertake no obligation to release any revisions to any forward-looking statements.

 



Contact: Stephanie Scotto
Phone: 212.656.4896
Email:  sscotto@nyse.com