NYSE Files Plan to Sell Half of Amex Options Market
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NYSE Amex filed a plan to sell 52.8 percent of its options platform to seven companies including Goldman Sachs Group Inc. and Citadel LLC in an effort to increase trading.
The proposal for a joint venture between the exchange, owned by New York-based NYSE Euronext, and the brokers was announced in 2009. Citadel and Goldman Sachs will each own 14.95 percent, followed by Bank of America Corp., Citigroup Inc. and TD Ameritrade Holding Corp. at 5 percent each, UBS AG at 4.9 percent and Barclays Plc at 3 percent, according to a March 17 Securities and Exchange Commission filing.