NYSE Arca

NYSE Arca is a fully electronic exchange for growth-oriented enterprises. Listed companies can grow on NYSE Arca and transfer seamlessly to the NYSE once they meet the requirements. The all-electronic NYSE Arca is also a leading listing and trading platform for exchange-traded funds (ETFs), offering the largest public ETF liquidity pool in the U.S.

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

It is now a part of NYSE Euronext.



NYSE Arca Listing Standards

Initial Listing Standards
Distribution Minimums

Public Round-lot Holders 400
Publicly Held Shares 1,100,000

Closing Price per Share $5.00 for 90 consecutive trading days

Financial Minimums (based on US GAAP)

Market Capitalization $150 million

Market Value of Publicly Held Shares $45 million

Must meet at least two of the following four minimums:
Total Assets $75 million
Revenue (most recent year or 2 of last 3) $50 million
Shareholders’ Equity $50 million
Pre-tax earnings in last fiscal year Positive

Continued Listing Standards
Standard 1*
Public Round-lot Holders 400

Publicly Held Shares 1,100,000
Market Value of Publicly Held Shares $15 million
Shareholders’ Equity $15 million

Stock Price $1.00

Standard 2*
Public Round-lot Holders 400
Publicly Held Shares 1,100,000
Market Value of Publicly Held Shares $15 million
Market value of listed securities $50 million --or--
Total Assets and Total Revenue of $50 million each for the most recently completed fiscal year or two of the last three most recently completed years. $50 million each
Stock Price $1.00

*Must meet Standard One or Standard Two

http://www.nyse.com/regulation/listed/1155031724207.html

NYSE Listing Application Process

http://www.nyse.com/about/listed/1150366630075.html