-New Pricing Designed to Attract Increased Electronic Order Flow-
NYSE Euronext Announces Changes in U.S. Options Transaction Pricing
New York and San Francisco , June 24, 2009 – NYSE Euronext (NYX) today announced changes to U.S. options transaction pricing for its two U.S. options exchanges, NYSE Arca options and NYSE Amex options, intended to attract additional order flow and grow the percentage of the business executed on both exchanges.
Effective July 1, 2009, and pending filing with the SEC, NYSE Arca options and NYSE Amex options will no longer charge a facilitation fee to firms who facilitate their customer order flow. The Firm Facilitation Fee applies to any transaction involving a firm’s proprietary trading account, which has a customer of that same firm on the contra side of the transaction. Both exchanges will be lowering the Broker Dealer/Firm Manual Fee from $0.26 to $0.25. Additionally, the fee for electronic broker dealer/firm orders at NYSE Amex will be reduced from $0.50 to $0.15, representing a 70% fee reduction. The new $0.15 rate will make it substantially less expensive for firms and broker dealers to transact electronic business on NYSE Amex options. The new electronic broker dealer/firm rate on NYSE Amex is the lowest among all 7 options exchanges.
“We are proud to offer our customers one of the most competitively priced fee schedules in the industry,” said Ed Boyle, Senior Vice President , U.S. Options, NYSE Euronext. “As a result of recent technology enhancements made to our trading infrastructure, our industry-leading speed and functionality are further strengthened by our commitment to providing exceptional market quality and some of the lowest transaction fees in the industry. We look forward to continuing to provide the functionality, transparency and cost efficiency that our customers expect.”
Both NYSE Arca and NYSE Amex options operate hybrid systems that incorporate state-of-the-art open outcry trading facilities with an advanced electronic trading platform capable of processing 250,000 orders and 1,500,000 quotes per second with 2 millisecond acknowledgment (ACK ) times. All other transaction fees remain unchanged. The anticipated incremental order flow to NYSE Arca options and NYSE Amex options is expected to offset this pricing reduction.
For more information on NYSE Euronext’s U.S. Options exchanges, please visit: http://www.nyse.com/options, including the NYSE Arca options fee schedule and NYSE Amex options fee schedule.
 Additionally, NYSE Arca options will remove the manual linkage rate and NYSE Amex options will reduce the linkage fee from $0.50 to $0.15.
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 2008 (“document de référence”) filed with the French Autorité des Marchés Financiers (Registered on April 28, 2009 under No. R. 09-031), 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.