The US Securities and Exchange Commission (SEC) has cleared the New York Stock Exchange (NYSE) merger with Archipelago next month, opening the way for its transformation into a for-profit company. The NYSE provides one of the largest markets for structured products in the US.
March 7 will see the NYSE merge with Archipelago, an electronic exchange, to form NYSE Group, a listed company. The exchange's regulatory functions will be split off to form a new non-profitmaking company called NYSE Reg
The week on Risk.net, July 7-13, 2018Receive this by email