Title: Press Releases

NYSE Euronext and BIDS Holdings Launch The New York Block Exchange

Both Companies Will Ring the Opening BellSM to Celebrate their First-of-a-Kind Venue for Trading Dark and Light Orders

Interview Opportunities Available

Event

Larry Leibowitz, Group Executive Vice President and Head of U.S. Execution and Global Technology for NYSE Euronext and Tim Mahoney, Chief Executive Officer of BIDS Trading will be joined by other executives of NYSE Euronext and BIDS Holdings to celebrate the launch of the New York Block Exchange (NYBX). A first-of-its-kind platform, NYBX is designed to improve execution quality and access to block trading liquidity in today’s increasingly fragmented marketplace through its unique interaction of displayed and non-displayed orders.

The New York Block Exchange (NYBX): NYBX is the first venue of its kind to allow non-displayed or “dark” liquidity to anonymously access both the displayed, reserve and hidden liquidity on the NYSE order book. It enhances the execution of dark orderflow by accessing the complete NYSE order book while keeping order details anonymous.

  • All orders are executed anonymously and NYSE floor participants do not know that the order came from NYBX or an NYBX participant.
  • Executions are printed to the NYSE tape.
  • BIDS Trading users have the additional advantage of using the flexible tools of the BIDS ATS, including negotiations, BIDS ScorecardsSM and FiltersSM, and Conditional orders.

When/Where

THURSDAY, JANUARY 29, 2009 – NYSE – Security Checkpoint at Exchange & Broad Streets
9:00 p.m.   Media escorted into the building for bell ringing
9:30 p.m.   The Opening Bell is rung

More information on archived and upcoming events at the NYSE can be found in the NYSE Events Calendar.

Contact

Media interested in covering the bell ringing MUST contact Eric Ryan at the NYSE, 212.656.2411 or eryan@nyx.com in order to obtain entry into the building.

Photo/Video

Photos available via Associated Press/New York (212.621.1902), Reuters America (646.223.6285) and Bloomberg Photo (212-617-3420). The Opening BellSM (starting at 9:25 a.m.) and The Closing Bell® (starting at 3:55 p.m.) feeds are available via Ascent loop #4009. Those seeking footage via The Switch please contact NYSE Broadcast at 212.656.5483.

Important note

The use of wireless equipment/gear/microphones is not permitted inside the NYSE, as this will interfere with NYSE broadcasting frequencies. When necessary, wired mics should be utilized.

Webcast

A live webcast of The Opening Bell (beginning at 9:29 a.m.) and of The Closing Bell (beginning at 3:59 p.m.) will be available on the homepage of nyse.com.