New exchange

The New York Stock Exchange (NYSE) and NYSE Arca, units of NYSE Euronext (NYX), today announced new transaction pricing, effective March 1, 2009, pending SEC filing. The NYSE fee change will include customer rebates for adding liquidity while continuing to offer the lowest transaction fees for taking liquidity in NYSE-listed securities among the major market centers. The fee change is expected to be rolled out in conjunction with significant NYSE execution speed improvements. The NYSE Arca fee change raises the rebate for active traders in Tape A (NYSE-listed) and Tape C (Nasdaq-listed) securities, as well as a higher rebate on Mid-Point Passive Liquidity (MPL) orders for all customers in all securities. Together, the dual-exchange model of the NYSE and NYSE Arca deliver the best rate combination among major exchanges and superior liquidity when trading NYSE-listed securities, in addition to the lowest take fee on NYSE and highest rebate on NYSE Arca.
In addition, NYSE Euronext’s Global Multi-Platform Incentive Program offers additional savings to active global customers trading on the NYSE, NYSE Arca and Euronext markets. The program provides rebates of 0.007€ and 0.003€ (per 100 shares) for customers with average daily volume of more than 450 million and 250 million shares, respectively.