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Article: Securities and Exchange Commission Approves American Stock Exchange Rules for New Market Structure.

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PR Newswire
Article date:
October 5, 2006
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Amex's new state-of-the-art trading platform AEMI(SM) for equities and ETFs

NEW YORK, Oct. 5 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) today announced that the rules for its new equities and exchange traded fund trading platform -- the Auction and Electronic Market Integration (AEMI(SM)) -- and market structure were approved by the Securities and Exchange Commission. The effective date for Regulation NMS rules is February 5, 2007.

"The SEC approval for AEMI is a watershed moment for the Amex and we appreciate the guidance from the SEC on our new hybrid market structure," said Neal Wolkoff, Chairman and CEO. "AEMI unites the best qualities of …

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