News Releases

 
NYSE Arca Options Completes Listing of ISE’s FX Options
-All Six FX Options Now Trading on NYSE Arca Options and the Complex Order Book-

NEW YORK , Nov. 19, 2008 – Today NYSE Arca Options, one of the fastest-growing U.S. options exchanges, announced the completion of the listing of the International Securities Exchange’s (ISE) foreign currency options products (“FX Options”).  The FX Options products are also the next phase in the expansion of the Complex Order Book pilot program.  The pilot, which began on September 8, 2008 with the QQQQs, will add all six FX Options for trading immediately.  

“Through the listing and introduction of FX Options on NYSE Arca Options, we are proud to continue to offer exciting new ways to better serve customers and investors,” said Ed Boyle, Senior Vice President , U.S. Options.  “We are eager to further expand the complex order book pilot with the FX Options products and we encourage all our customers, Market Makers and member firms to take advantage of NYSE Arca Options’ superior functionality and user-focused innovations.  We look forward to working with the ISE to ensure the success of these innovative products.”

FX Option Name

Symbol

ISE FX Australian Dollar

AUX

ISE FX British Pound

BPX

ISE FX Canadian Dollar

CDD

ISE FX Euro

EUI

ISE FX Swiss Franc

SFC

ISE FX Yen

YUK


About Complex Order Functionality on NYSE Arca

  • Complex orders can be up to five total legs, which may include up to one equity leg.
  • Complex orders can be priced in penny increments.
  • Marketable complex orders will trade immediately, with no auction or delay in processing.
  • The ArcaBook specification for complex orders can be found at http://www.nyse.com/pdfs/ArcaBook_Complex_Order_Specs.pdf

 


About NYSE Euronext
NYSE Euronext (NYX) is the world’s leading, most liquid and diverse exchange group. It offers a broad and growing array of financial products and services in cash equities, futures, options, exchange-traded products, bonds, market data, and commercial technology solutions, all designed to meet the evolving needs of issuers, investors and financial institutions. Spanning multiple asset classes and six countries, NYSE Euronext’s exchanges include the New York Stock Exchange, Liffe, Euronext and NYSE Arca. With more than 6,500 listed issues, more than any other exchange group, trading on NYSE Euronext’s equity markets represents more than one-third of the world's cash equities volume. NYSE Euronext also manages the leading European derivatives exchange by value of 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 2007 ("document de référence") filed with the French Autorité des Marchés Financiers (Registered on May 15, 2008 under No. R. 08-054), 2007 Annual Report on Form 10-K 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.

 



Contact: Eric Ryan
Phone: 212.656.2411
Email:  eryan@nyx.com