Barclays Capital Expands as NYSE Designated Market Maker; NYSE Arca Europe Launches; Trading Volumes for February; China Green Agriculture Lists on NYSE Amex

By: Ray Pellecchia

File Under: Liffe derivatives, NYSE, NYSE Amex, NYSE Arca, NYSE Euronext

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Four bits of news today from these parts:

• Barclays Capital agrees to acquire the portfolio of NYSE Designated Market Maker (DMM) assignments of Bear Wagner Specialists. Barclays Capital, the investment banking division of Barclays Bank PLC, has agreed to acquire the portfolio of NYSE DMM assignments of Bear Wagner Specialists LLC, a subsidiary of J.P. Morgan.

• Successful launch of NYSE Arca Europe -- NYSE Euronext European customers will be able, through one single connection to its new state-of-the-art technology trading platform, to have access to trade in stocks listed on its European cash regulated markets in Belgium, France, the Netherlands and Portugal as well as blue-chips stocks from certain European countries via NYSE Arca Europe.

NYSE Arca Europe operates on NYSE Euronext’s next-generation Universal Trading Platform. Recently introduced for its European equities markets, the Universal Trading Platform delivers latency of between 150-400 microseconds and has the capacity to handle 100,000 orders per second.

In addition to ultra-low latency, NYSE Arca Europe boasts an innovative pricing model that has been developed in close cooperation with clients. The MTF charges a low flat fee of 0.15 basis points. In addition, there will be an additional volume incentive for members that are active on NYSE Arca Europe.

• NYSE Euronext Announces Trading Volumes for February 2009 NYSE Euronext today announced trading volumes for its global cash equities and derivatives exchanges for February 2009. Among other products:total NYSE-listed consolidated (Tape A) average daily volume increased 59.1% to 6.3 billion shares. Year-to-date, Tape A consolidated ADV is 30.2% above the prior year period.

• China Green Agriculture Celebrates First Day of Trading on NYSE Amex -- Xi’an, China-based China Green Agriculture, today opened for trading under ticker symbol “CGA”. China Green Agriculture is the first company from Mainland China to list on the new NYSE Amex market since NYSE Euronext’s acquisition of the former American Stock Exchange, and the first Chinese company to list on NYSE Euronext markets in 2009.