NYSE Acquires AMEX Without Hoopla

Many of you may be wondering if the NYSE Euronext acquisition of the American Stock Exchange (AMEX) is complete.  I don’t know about you, but amidst the economic turmoil we’re in, it occurred to me that I hadn’t heard about the status of the acquisition.  Apparently, the acquisition was completed on October 1, 2008.  And, did you know that the former AMEX has been renamed NYSE Alternext US LLC?  The Alternext market is not new.  It was formed in 2005 by Euronext, which became a division of NYSE after the 2006 merger of the two entities.  NYSE Euronext expects to have transitioned the AMEX trading platform to NYSE Euronext technology in December 2008.

 

PondelWilkinson, investor@pondel.com
 
 

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