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NYSE Group Executive Vice President Mike Cormack Will Become Senior Consultant to the Company in Early 2007.


NYSE NYSE

See: New York Stock Exchange
 Arca's Paul Adcock Paul Malcolm Adcock (born 2 May 1972) is an English former professional footballer, playing as a forward.

Adcock was born in Ilminster, Somerset. He began his career as an apprentice with Plymouth Argyle, turning professional on 7 August 1990.
 to Assume Day-to-Day Responsibilities

NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- NYSE Group, Inc. (NYSE: NYX Noun 1. Nyx - (Greek mythology) Greek goddess of the night; daughter of Chaos; counterpart of Roman Nox
Greek mythology - the mythology of the ancient Greeks
) today announced that Mike Cormack, Executive Vice President for electronic trading This article or section is in need of attention from an expert on the subject.
Please help recruit one or [ improve this article] yourself. See the talk page for details.
 and new products, will be stepping down from his current position to become a senior consultant to the company in early 2007. Mr. Cormack and his family plan to relocate to Vancouver, British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography
, Canada. His day-to-day responsibilities will be assumed by Senior Vice President Paul Adcock, who will become Executive Vice President, Operations, NYSE Arca For other uses of "ARCA", see ARCA.

NYSE Arca, previously known as ArcaEx, an abbreviation of Archipelago Exchange, is an entirely online securities exchange on which both stocks and options are traded.
.

Mr. Cormack, who joined the former Archipelago Holdings, Inc. in Jan. 2000, is responsible for the NYSE Arca trading operations and new product development. He also oversees related strategic planning and acquisitions, such as the recent Matchpoint Trading, Inc. and Marco Polo Network transactions.

"Mike is a valued business partner, great friend, and someone who has made significant contributions to the growth of Archipelago and to the success of the merger with the New York Stock Exchange New York Stock Exchange (NYSE)

World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City.
," said Jerry Putnam, President and co-Chief Operating Officer, NYSE Group. "Mike told me several months ago of his plans to make a career and life transition. Mike has earned the respect of colleagues, customers and competitors. On behalf of everyone at NYSE Group, I want to thank Mike, wish him and his family well in the move, and look forward to continuing to work with him in his consulting role with us."

"My family and I are looking forward to the move to Vancouver and to spending more quality time together," Mr. Cormack said. "It's difficult to think of leaving my day-to-day responsibilities with NYSE Group and so many good friends, colleagues and customers, but this is best for my family and for me. In the months ahead, I'll ensure a successful transition and prepare for my ongoing role as a consultant.

"The Archipelago experience was incredible and NYSE Group has an exciting future," Mr. Cormack said. "I'm grateful to have had the opportunity to contribute to two great organizations and to be in a role that allows me to contribute moving forward."

Mr. Cormack joined Archipelago as National Sales Manager and was appointed President of the Archipelago Exchange (ArcaEx) in August 2000. Mr. Cormack oversaw client relation, sales, trading support, and strategic initiatives. He joined Archipelago from American Century Investments American Century Investments is a privately held investment management firm. Its headquarters are located at 4500 Main in Kansas City, Missouri, near the famous Country Club Plaza. It was formerly known as Twentieth Century Investments. The company was founded by James E.  where he was manager of Equity Trading. Mr. Cormack holds a bachelor's degree in economics from The Johns Hopkins University Johns Hopkins University, mainly at Baltimore, Md. Johns Hopkins in 1867 had a group of his associates incorporated as the trustees of a university and a hospital, endowing each with $3.5 million. Daniel C. .

Mr. Adcock, one of the original Archipelago employees, currently manages NYSE Arca trade support efforts for equities, options and OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
. He has extensive client interaction for matters involving new systems functionality, rules, trading activity and order routing, and market structure changes.

About NYSE Group, Inc.

NYSE Group, Inc. (NYSE:NYX) operates two securities exchanges: the New York Stock Exchange (the "NYSE") and NYSE Arca (formerly known as the Archipelago Exchange, or ArcaEx[R], and the Pacific Exchange). NYSE Group is a leading provider of securities listing, trading and market data products and services. The NYSE is the world's largest and most liquid cash equities exchange. The NYSE provides a reliable, orderly, liquid and efficient marketplace where investors buy and sell listed companies' common stock and other securities. On June 30, 2006, our listed operating companies represent a total global market capitalization Market Capitalization

A measure of a public company's size. Market capitalization is the total dollar value of all outstanding shares. It's calculated by multiplying the number of shares times the current market price. This term is often referred to as market cap.
 of over $ 22.6 trillion. In the second quarter 2006, on an average trading day, almost 1.8 billion shares, valued at over $68.5 billion, were traded on the NYSE.

NYSE Arca operates the first open, all-electronic stock exchange in the United States and has a leading position in trading exchange-traded funds and exchange-listed securities. NYSE Arca is also an exchange for trading equity options. NYSE Arca's trading platform provides customers with fast electronic execution and open, direct and anonymous market access.

NYSE Regulation, an independent not-for-profit subsidiary, regulates member organizations through the enforcement of marketplace rules and federal securities laws. NYSE Regulation also ensures that companies listed on the NYSE and NYSE Arca meet their financial and corporate governance Corporate Governance

The relationship between all the stakeholders in a company. This includes the shareholders, directors, and management of a company, as defined by the corporate charter, bylaws, formal policy, and rule of law.
 listing standards.

For more information on NYSE Group, go to: www.nyse.com. Information contained on our website does not constitute a part of the prospectus relating to the proposed offering.

Cautionary Note Regarding Forward-Looking Statements

Certain statements in this article may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995. These statements are based on NYSE Group's current expectations and involve risks and uncertainties that could cause NYSE Group's actual results to differ materially from those set forth in the statements. There can be no assurance that such expectations will prove to be correct. Actual results may differ materially from those expressed or implied in the forward-looking statements. Factors that could cause NYSE Group's results to differ materially from current expectations include, but are not limited to: NYSE Group's ability to implement its strategic initiatives, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk and U.S. and global competition, and other factors detailed in NYSE Group's Annual Report on Form 10-K Form 10-K

A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information.


Form 10-K

See 10-K.
 and other periodic reports filed with the U.S. Securities and Exchange Commission. In addition, these statements are based on a number of assumptions that are subject to change. Accordingly, actual results may be materially higher or lower than those projected. The inclusion of such projections herein should not be regarded as a representation by NYSE Group that the projections will prove to be correct. We undertake no obligation to release any revisions to any forward-looking statements.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 9, 2006
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