NEW YORK--(BUSINESS WIRE)-- The New York Stock Exchange (NYSE), part of Intercontinental Exchange (NYSE:ICE), today announced that it completed its acquisition of the National Stock Exchange, Inc. (NSX), now renamed NYSE National, Inc. Terms were not disclosed and the financial impact will not be material to ICE.

The acquisition will give the NYSE Group an additional U.S. exchange license, bringing its total to four. NYSE National will be distinct from NYSE’s three listings exchanges - NYSE, NYSE MKT and NYSE Arca, which have unique market models designed for corporate and ETF issuers.

As previously announced, the NSX will cease operations on February 1, 2017 and will not open for trading that day. The NYSE will engage with NSX members, buy-side participants and retail brokerage firms before finalizing operational plans for the exchange’s re-launch as NYSE National.

The acquisition follows a series of announcements relating to NYSE’s equity platforms, including plans to offer trading in all U.S. securities on all NYSE equities markets.

About NYSE Group

NYSE Group is a subsidiary of Intercontinental Exchange (NYSE:ICE), a leading operator of global exchanges and clearing houses, and a provider of data and listings services. NYSE Group includes exchanges, market data and connectivity services. The equity exchanges -- the New York Stock Exchange, NYSE MKT and NYSE Arca -- trade more U.S. equity volume than any other exchange group. NYSE is the premier global venue for capital raising, leading worldwide in IPOs, including technology IPOs. NYSE Arca Options and NYSE Amex Options are leading equity options exchanges. To learn more, visit www.nyse.com/index.

About Intercontinental Exchange

Intercontinental Exchange (NYSE:ICE) operates the leading network of global futures, equity and equity options exchanges, as well as global clearing and data services across financial and commodity markets. The New York Stock Exchange is the world leader in capital raising, listings and equities trading.

Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located at www.intercontinentalexchange.com/terms-of-use.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 -- Statements in this press release regarding ICE’s business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE’s Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE’s Annual Report on Form 10-K for the year ended December 31, 2015, as filed with the SEC on February 4, 2016.

SOURCE: Intercontinental Exchange

ICE-EQ

View source version on businesswire.com: http://www.businesswire.com/news/home/20170131006474/en/

NYSE Media Contact:
Kristen Kaus
+1 212 656 2205
kristen.kaus@nyse.com

Source: Intercontinental Exchange