News Releases

 
NYSE Extends Temporary Suspension of Price Standard Through July 31
   

--NYSE Seeks to Permanently Lower Market Cap. Standard to $15 mln-- 

NEW YORK , June 30, 2009 – NYSE Euronext announced today that the New York Stock Exchange will extend the temporary suspension of its $1 minimum stock price by an additional monthuntil July 31, 2009.   This temporary suspension of the NYSE’s $1 price standard was previously due to expire on June 30, 2009.

In a separate rule filing, the NYSE sought to permanently adopt a lower $15 million minimum 30 day average market capitalization standard.   The NYSE had previously eased the previous $25 million threshold level to $15 million on a temporary basis through June 30, 2009.    

Today’s action reflects the Exchange’s determination that suitable companies should remain listed during the prior and current period of unusual market volatility.

While the Exchange’s filings submitted to the U.S. Securities and Exchange Commission (SEC) in connection with the adoption of these rule changes are immediately effective, they are subject to a 30-day operative delay under SEC rules.

The Exchange has asked the SEC to waive the operative delay and expects the SEC to take prompt action to effectuate that waiver.

Please click on the following links for the NYSE rule filings:

Price standard:
http://www.nyse.com/extension 

Market capitalization standard:
http://www.nyse.com/marketcap

About NYSE Euronext

Euronext (NYX) is a leading global operator of financial markets and provider of innovative trading technologies.  The company's exchanges in Europe and the United States trade equities, futures, options, fixed-income and exchange-traded products.  With more than 8,000 listed issues, NYSE Euronext's equities markets -- the New York Stock Exchange, Euronext, NYSE Arca and NYSE Amex -- represent nearly 40 percent of the world's equities trading, 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. The company offers comprehensive commercial technology, connectivity and market data products and services through NYSE Technologies.  NYSE Euronext is in the S&P 500 index, and is the only exchange operator in the S&P 100 index and Fortune 500.  For more information, please visit: http://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. 



See Section 802.00 of the NYSE Listed Company Manual for continued listing criteria and procedure for delisting

Contact: Christiaan Brakman
Phone: 212-656-2094
Email:  cbrakman@nyx.com