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