The American Stock Exchange has denied a report that it might spin off its equities business to the New York Stock Exchange.

The New York Post reported this week that the American exchange was "considering turning into an options-only bourse" and selling its equities business to the New York exchange, which is enlarging its existing building.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.