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NYSE Euronext Changes Alternext Pricing

11-20-2008

People & Companies in the News

As part of its plans for its new “growth market,” NYSE Euronext has changed the transaction pricing on NYSE Alternext, Traders Magazine reports.

The new maker-taker pricing will go to effect on Dec 1. NYSE Alternext was formerly known as the American exchange, Amex.

The pricing was changed for two reasons: to simplify pricing for exchange members and to move to a maker-taker model instead of the current Amex schedule, according to Joe Mecane, chief administrative officer for U.S. markets at NYSE Alternext.

For the complete story, click here.

http://www.tradersmagazine.com/news/102530-1.html

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