A joint venture made by NYSE Euronext and BIDS Holdings has been permitted by the SEC to start up New York Block Exchange on January 29, 2009.
The launch of NYBX is in order to improve execution quality and access to block trading liquidity.
We look forward to launching this first-of-its-kind platform, the New York Block Exchange, on January 29, says Larry Leibowitz, Group Executive Vice President and Head of U.S. Execution and Global Technology.
SA