The New York Stock Exchange® Chooses Floor Specialist

The New York Stock Exchange® has chosen Bear Wagner Specialists L.L.C. as the floor specialist that will handle the exchange's own stock when The Big Board completes its merger with Archipelago and becomes a for-profit, publicly traded company. Bear Wagner Specialists L.L.C. is a unit of the investment banking and securities trading firm Bear Stearns Cos. Stock in The NYSE Group should begin trading with stock symbol NYX by the end of March, 2006.

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