NYSE Arca Europe to introduce U.S. equities from Wednesday 21 April

NYSE Arca Europe to introduce U.S. equities from Wednesday 21 April

20/04/10

NYSE Arca Europe, NYSE Euronext’s European Multilateral Trading Facility, today announced that it will be giving customers access to the 100 most liquid U.S. equities, featuring 86 NYSE listed companies and 14 other listings, from Wednesday 21 April, creating the first truly transatlantic trading platform. NYSE Arca Europe is inviting customers to set up their trading arrangements and will be offering a three-month fee holiday from 21 April.

This service will provide trading firms the first-ever opportunity to trade U.S. securities on a European platform during European trading hours with settlement at DTC. In addition to the initial U.S. stocks, further stocks are likely to be introduced in the near future.

Virginie Saade, Head of NYSE Arca Europe, said “This is an exciting day for NYSE Arca Europe as we lead this pioneering venture into U.S. equities. We have a number of market markers who have committed to offering prices in the U.S. stocks and a business that we will, in time, build with our customers.”