NYSE ARCA LAUNCHES NON-DISPLAYED LIQUIDITY PLATFORM

Posted March 12, 2008

NEW YORK – NYSE Arca, the electronic trading platform of NYSE Euronext (symbol: NYX) has launched a routing and price improvement service offering clients access to non-displayed liquidity.

“Providing easy and efficient access to these diverse, non-displayed liquidity venues is an extension of our commitment to offer the greatest array of services to our clients,” says Lawrence Leibowitz, Group Executive Vice President and Head of US Markets and Global Technology, NYSE Euronext. “By linking more market participants than any other exchange, we are reducing fragmentation and offering our clients greater speed, better prices and equality of access to liquidity.”

The service adds routing to participating broker-dealers and alternative trading systems (ATSs), creating access to non-displayed quotes and the largest aggregation of liquidity by an exchange. Trading interest from these venues will be included in the NYSE Arca routing algorithm, providing customers with increased potential for filling orders, potential for price improvement, access to non-displayed liquidity pools encompassing 29 confirmed participants, and access to more than three times the number of routing destinations offered by any competitor.