NYSE Alternext is an equity trading market that was opened May 17, 2005 by its parent institution Euronext (now NYSE Euronext) to address an opportunity posed by small to medium sized firms that were anticipated to desire easier access to an equity market.
The approach was to provide streamlined listing requirements and simplified trading rules to present a lesser load on small and mid-cap firms. The goal was to do this in a manner that also preserved good governance and transparency for investors.
Euronext bills the Alternext market as a unique option in the investing world. It aims to become the reference market for small and mid-sized companies throughout the Eurozone.