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“Bob is among the most knowledgeable and adept professionals in our industry,” said John A. Thain, CEO, NYSE Group. “He has made outstanding contributions to the growth and leadership position of the NYSE over the years, and has been a strategic asset in our market transformation initiative. Bob is committed to the highest levels of quality, excellence and service, and to our customers and his colleagues, who I know join me in thanking Bob for all that he has done for our marketplace and our industry.”
“I’m especially proud to have been associated with an industry and a marketplace that has contributed so much to the well-being of economies, corporate issuers, and the investing public,” Mr. McSweeney said. “It’s been particularly exciting to play a role in continuous evolution of the marketplace over the years; balancing the impact of new technology, changing rules and regulations, and competitive demands on our market structure and our constituents. I’d like to thank all my colleagues, past and present, for their partnership and shared commitment to making the NYSE the world’s leading and highest quality market in the world.”
About NYSE Group, Inc.
NYSE Group, Inc. (NYSE:NYX) operates two securities exchanges: the New York Stock Exchange LLC (the “NYSE”) and NYSE Arca, Inc. (formerly known as the Pacific Exchange). NYSE Group is a leading provider of securities listing, trading and market data products and services. In the third quarter of 2006, on an average trading day, 2.2 billion shares, valued at $80.1 billion, were traded on the exchanges of the NYSE Group.
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. On
NYSE Arca, Inc. operates the former ArcaEx®, the first open, all-electronic stock exchange in the
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 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. NYSE Group undertakes no obligation to release any revisions to any forward-looking statements.
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