Nyse closes Archipelago acquisition

Source: New York Stock Exchange

"This is an historic day for the Exchange, our customers, and investors," said NYSE Group Chief Executive Officer John A. Thain upon completion of the New York Stock Exchange/Archipelago Holdings, Inc. merger.

"This merger transforms and modernizes the New York Stock Exchange with a growth strategy for the future. On behalf of my colleagues at the NYSE, I welcome Jerry Putnam and the Archipelago team to our organization and look forward to serving our new shareholder community."

"Archipelago was created with the vision of making markets better for all investors, a vision that we share with the NYSE and has led us to this historic day," said Jerry Putnam, NYSE Group President and Co-Chief Operating Officer and the former Archipelago Chief Executive Officer. "I am extremely proud of the innovation, the technology and the value Archipelago has brought to its customers and shareholders and am excited about combining our strengths with those of the NYSE."

Today’s completion of the merger precedes the trading of NYSE Group shares, which will commence following the Opening Bell (sm) tomorrow, Wednesday, March 8, at 9:30a.m. NYSE Group shares will be listed on the NYSE and will trade under symbol NYX.

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