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ArcaEdge® Begins Trading Pink Sheet® Securities
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-Only Platform to Quote, Route and Trade OTCBB and Pink Sheet Securities-
New York, Feb. 21, 2008 -- NYSE Euronext (NYX ) today announced that ArcaEdge customers can now use the platform to trade Pink Sheet securities. As the only platform to quote, route and trade over-the-counter Bulletin Board (OTCBB) and Pink Sheet securities, the all-electronic matching system of ArcaEdge offers extraordinary speed, transparency, liquidity and anonymity for customer orders in pre-open through regular trading hours (7:30 am - 4:01 pm ET).
With its interactive, real time display, ArcaEdge provides customers with:
- Access to and display in both the ArcaEdge book and the OTCBB Montage;
- Industry leading best execution intelligent order routing tools;
- Several useful order types, including market, limit, stop and reserve orders, among others;
- Speed, consistency and reliability in order matching through proven NYSE Arca technology with internal turnaround times of less than one second.
“We are proud and excited to continue to offer our valued customers even more trading capabilities that surpass our competitors in terms of functionality, accessibility and technology,” said Paul Adcock, NYSE Euronext Executive Vice President, NYSE Arca Operations. “Through primary listings and unlisted trading privileges (UTP), NYSE Arca is a leader in trading a range of securities and investment products. ArcaEdge furthers that initiative through the addition of Pink Sheet securities to our comprehensive list of financial instruments.”
For more information on ArcaEdge, including how to access this one-of-a-kind trading platform, advanced order types, and eligible securities, please visit: http://www.nyse.com/arcaedge
About NYSE Euronext
NYSE Euronext (NYX) operates the world’s leading and most liquid exchange group, and seeks to provide the highest levels of quality, customer choice and innovation. Its family of exchanges, located in six countries, include the New York Stock Exchange, the world's largest cash equities market; Euronext, the Eurozone's largest cash equities market; Liffe, Europe's leading derivatives exchange by value of trading; and NYSE Arca Options, one of the fastest growing U.S. options trading platforms. NYSE Euronext offers a diverse array of financial products and services for issuers, investors and financial institutions in cash equities, options and derivatives, ETFs, bonds, market data, and commercial technology solutions. NYSE Euronext's nearly 4,000 listed companies represent a combined $30.5 trillion/€20.9 trillion in total global market capitalization (as of Dec. 31, 2007 ), more than four times that of any other exchange group. NYSE Euronext's equity exchanges transact an average daily trading value of approximately $141 billion/€103 billion (as of Dec. 31, 2007 ), which represents more than one-third of the world's cash equities trading. NYSE Euronext is part of the S&P 500 index and the only exchange operator in the S&P 100 index. For more information, please visit www.nyx.com.
Cautionary Note Regarding Forward-Looking Statements
This press release may contain forward-looking statements, including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements concerning NYSE Euronext's plans, objectives, expectations and intentions and other statements that are not historical or current facts. Forward-looking statements are based on NYSE Euronext's current expectations and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such forward-looking statements. Factors that could cause NYSE Euronext's results to differ materially from current expectations include, but are not limited to: NYSE Euronext'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 Euronext’s reference document for 2006 ("document de référence") filed with the French Autorité des Marchés Financiers (Registered on June 6, 2007 under No. R.07-0089), 2006 Annual Report on Form 10-K, as amended, and other periodic reports filed with the U.S. Securities and Exchange Commission or the French Autorité des Marchés Financiers. 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 Euronext that the projections will prove to be correct. This press release speaks only as of this date. NYSE Euronext disclaims any duty to update the information herein.
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