NYSE Euronext European Platform To Offer Trading Of US Stocks
14 Aprile 2010 - 11:10AM
Dow Jones News
NYSE Euronext (NYX) said Wednesday it will provide trading of
U.S. stocks through its European platform called NYSE Arca Europe,
allowing trades on the securities to take place during European
hours.
Trading on the components of the S&P 100 Index will begin in
the second quarter, and further stocks are expected to be
introduced "in the near future," the exchange said in a
statement.
"This is an opportunity for us to create the first transatlantic
trading platform and is an important step towards becoming a truly
global multilateral trading facility," it added.
Clearing of the trades will be done through clearing house
European Central Counterparty Ltd.
-By Patricia Kowsmann, Dow Jones Newswires. Tel
+44(0)207-842-9295, patricia.kowsmann@dowjones.com
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