Regional stock exchanges of the United States
A regional stock exchange is a term used in the United States to describe stock exchanges that operates outside of the country's main financial center in New York City. A regional stock exchange operates in the trading of listed and over-the-counter (OTC) equities under the SEC's Unlisted Trading Privileges (UTP) rule.
Current
Regional exchanges currently registered with the SEC include:
- Boston Stock Exchange (BSE or BSX), acquired by NASDAQ in 2007
- CBOE Stock Exchange (CBSX)
- Chicago Stock Exchange (CHX)
- National Stock Exchange (NSX)
- Pacific Stock Exchange (PSE), acquired by NYSE in 2006
- Philadelphia Stock Exchange (PHLX), the nation's first stock exchange, acquired by NASDAQ in 2007
The Boston and Philadelphia Stock Exchanges were both acquired by NASDAQ in 2007, and the Pacific Exchange acquired in 2006 by the New York Stock Exchange, thus ending their identities as separate stock exchanges.[citation needed]
The Cincinnati Stock Exchange moved to Chicago and changed its name to the National Stock Exchange. It moved again to its current location in Jersey City, New Jersey.
Historical
There used to be many more such exchanges in the United States. Among those that have become defunct or have merged into the survivors listed above are
- Baltimore, which merged with Philadelphia in 1949
- Buffalo, New York, which closed in 1936
- Cleveland, which merged with Chicago in 1949
- Colorado Springs, which closed in 1966
- Denver, which closed in 1936
- Detroit, which closed in 1976
- Hartford, which closed in 1934
- Honolulu, which closed in 1977
- Los Angeles and San Francisco, which merged to form the Pacific Exchange in 1957
- Louisville, Kentucky, which closed in 1935
- Milwaukee, which closed in 1938
- Minneapolis-St. Paul, which merged with Chicago in 1949
- New Orleans, which merged with Chicago in 1959
- Pittsburgh, which merged with Philadelphia in 1969
- Richmond, Virginia, which closed in 1972
- St. Louis, which merged with Chicago in 1949
- Salt Lake City, which closed in 1986
- Seattle, which closed in 1942
- Spokane, Washington, which closed in 1991
- Washington, D.C., which merged with Philadelphia in 1953
- Wheeling, West Virginia, which closed in 1965