News Releases

 
NYSE Liffe US Announces Innovative Futures Incentive Program
-Rebates for Customers Trading Gold & Silver ETPs and Futures on NYSE Euronext Exchanges-

New York, April 1, 2009 – NYSE Liffe US, the U.S. futures exchange of NYSE Euronext (NYX), today announced that it has launched an innovative new pricing program designed to decrease the cost of trading between NYSE Liffe US and NYSE Arca.  The Futures Incentive Program, or “FIP” offers customers trading gold and silver based exchange-traded products on NYSE Arca a significant rebate for gold and silver futures contracts traded on NYSE Liffe US.

“We are extremely excited to present our customers with an innovative pricing plan that rewards their trading on our diverse family of exchanges,” said Thomas F. Callahan, NYSE Euronext Executive Vice President and Head of U.S. Futures.  “Individually, the benefits of trading on NYSE Liffe US and NYSE Arca are impressive, and through the Futures Incentive Program we are proactively creating avenues to ensure that our customers continue to see the benefits of trading with NYSE Euronext.”

“NYSE Arca has been a leader in listing and trading exchange traded products.  With three successful fund-like products which track a single metal, we are the primary market for many of the world’s most actively traded precious metals-based products,” said Lisa Dallmer, Senior Vice President, Global Index and Exchange Traded Products.  “By coordinating with NYSE Liffe US, we can offer a growing segment of customers a truly unique advantage to trading with NYSE Euronext and our multi-asset exchanges.”

The Futures Incentive Program is open to all NYSE Liffe US customers who also trade over 300,000 shares per month in certain precious metals exchange traded products on NYSE Arca.  Customers are eligible for a rebate of $0.40 per futures contract and $0.20 per side of the spread forfull-size and mini Gold or Silver futures contracts on NYSE Liffe US.   The applicable NYSE Arca exchange traded product listings are as follows: SPDR Gold Shares (GLD), iShares Gold Trust (IAU), iShares Silver Trust (SLV).  The program will begin as three-month pilot but will be extended based on client demand.

NYSE Liffe US provides a fully electronic market for 100 oz. gold futures, 5,000 oz. silver futures, options on gold and silver futures, and mini-sized 33.2 oz. gold and 1,000 oz. silver futures.  All contracts are traded in U.S. dollars and physically settled in New York.   NYSE Liffe US began trading operations in September 2008.

For more information on the FIP, please visit: http://www.nyse.com/pdfs/nyseliffe200910.pdf

 

 

About NYSE Euronext
NYSE Euronext (NYX) is the world’s most diverse exchange group, offering a broad and growing array of financial products and services in Europe and the United States that include cash equities, futures, options, exchange-traded products, bonds, market data, and commercial technology solutions.  With over 8,000 listed issues globally, NYSE Euronext's equities markets -- the New York Stock Exchange, Euronext, NYSE Arca, and NYSE Amex -- represent nearly 40% of the world's cash equities trading volume, the most liquidity of any global exchange group.  NYSE Euronext also operates NYSE Liffe, the leading European derivatives business and the world’s second largest derivatives business by value of trading.  NYSE Euronext offers comprehensive global commercial technology, connectivity, and market data products and services through its innovative trading solutions unit, NYSE Technologies.  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), 2008 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