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Article: GOING NATIONAL\ CINCINNATI STOCK EXCHANGE NAME DISAPPEARS, REFLECTING NEW ROLE.(Business)
- Article from:
- The Cincinnati Post (Cincinnati, OH)
- Article date:
- November 12, 2003
- Author:
CopyrightCOPYRIGHT 2003 The Cincinnati Post. All rights reserved. Reproduced with the permission of Dialog LLC by Gale Group. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Jon Newberry Post staff reporter
The Cincinnati Stock Exchange was founded in Cincinnati as a regional stock exchange in 1885 and operated out of offices in Chicago since 1995. But the exchange, the nation's first all-electronic stock trading system, last week severed its identification with its founding city, changing its name to the National Stock Exchange.
"We are proud of our Cincinnati origin, but we are no longer a regional exchange," David Colker, president and CEO, said in prepared statement. "It is time for the exchange to adopt a name that reflects its national reach rather than the physical location of its birthplace."
The ...