NEW YORK, October 9, 2008 - NYSE Amex Options, the recently-acquired options exchange of NYSE Euronext (NYX), today announced that the Exchange will waive a number of charges related to the NYSE Amex Options integration plan. Beginning immediately, this fee holiday will remain in place for the duration of the transition from the current Amex trading facility to the new NYSE Amex Options trading floor. The transition is expected to be complete in February 2009 with the launch of the new NYSE Amex Options trading platform and technology from its new trading floor at the New York Stock Exchange.
"This is one important part of our overall effort to minimize the impact of the costs associated with the NYSE Amex Options transition to our valued customers and market participants," said Ed Boyle, Senior Vice President, NYSE Euronext. "We are in the process of integrating some of the most advanced, most scalable trading technology for the floor-based community at the NYSE Amex Options facility. As such, we are providing financial accommodations to our member firms to ensure that they can effectively participate in their dynamic, new floor-based infrastructure.”
Designed to offset additional expenditures incurred by participants as they upgrade their applications, hardware and connectivity, NYSE Amex Options is waiving certain fees, effective immediately for all firms participating in the new NYSE Amex Options Trading & Testing environment. These fee waivers include the floor clerk, facility and wire privilege fees as well as the monthly technology, post and specialist registration fees.
NYSE Amex Options will offer state-of-the-art technology built on the industry-leading NYSE Arca architecture and the robust FIX & API application interfaces, leveraging the ultra low-latency SFTI Network.
For more information please visit: www.amex.com.