Deals
NYSE Amex Options Stake Sale to Seven Brokers Wins SEC Approval
This article is for subscribers only.
NYSE Amex’s sale of almost 53 percent of its options market to seven brokers won regulatory approval more than 21 months after it was first announced.
The U.S. Securities and Exchange Commission approved the joint venture that gives 52.8 percent of that options market to brokers including units of Citadel LLC and Goldman Sachs Group Inc. in exchange for sending orders to the venue, according to a notice dated June 24. NYSE Amex is owned by exchange operator NYSE Euronext, which also runs another options market.