NYSE Amex Options has offloaded a 52.8% equity stake in the exchange to seven order flow providers and market making firms for an undisclosed sum. The buyers are Bank of America Merrill Lynch, Barclays Capital, Citadel Securities, Citi, Goldman Sachs, TD Ameritrade and UBS. The deal was approved by the Securities and Exchange Commission. After the transaction, NYSE Euronext will remain the largest single shareholder in the entity that will be supervised by a separate board of directors and CEO Steve Crutchfield.
Click here for the release from NYSE Euronext.