NYSE Amex is selling 52.8% of its options platform to seven companies in order to increase trading, Bloomberg reports. Citadel and Goldman Sachs will each hold 14.95% stake, while Bank of America, Citigroup and TD Ameritrade Holding will hold 5% each. UBS will also hold 4.9% of NYSE Amex’s options platform, while Barclays will hold 3%. The application for a joint venture between the exchange, owned by New York-based NYSE Euronext, and the brokers was announced in 2009.
Click here for the story from Bloomberg.