NYSE National is the New York Stock Exchange’s newest equities exchange, which aims to deliver greater choice to investors.
Subject to regulatory approval, NYSE National will offer trading in all U.S.-listed securities on a fully electronic exchange platform. With a simple market model that operates on a price/time priority basis, NYSE National will provide investors with the ability to trade on a taker/maker exchange. NYSE National will be the only NYSE exchange that is not a listings exchange for corporates or exchange traded products.
With its history dating back to 1885 when it was the Cincinnati Stock Exchange, it later become the world’s first stock exchange to become a fully automated, screen-based trading system in 1985. It is only fitting that in its new life as the NYSE National, it will operate on the state-of-the-art trading system, NYSE Pillar.
NYSE National plans to launch on May 21, 2018.