(January 23 – 09:50 ET) – E*TRADE Group Inc. today announced that it will transfer its listing to the New York Stock Exchange next month. It will trade under the new ticker symbol ET.

E*TRADE has been listed on the Nasdaq since its initial public offering on August 16, 1996. The firm also announced that it will change the date of its fiscal year end from September 30 to December 31.

The firm says the move to the NYSE reinforces E*TRADE’s position as one of the leading blue-chip financial services and e-commerce companies in the world. “The NYSE’s global focus provides E*TRADE the opportunity to widen its potential investor base by significantly increasing its visibility in both domestic and international markets,” said Christos Cotsakos, chairman of the board and CEO.

“The exchange is privileged to welcome E*TRADE to our family of listed companies,” said NYSE chairman and CEO Richard Grasso. ” As a leading brand and innovator, E*TRADE has great reason to be proud of its accomplishments. We look forward to partnering with the newest member of our family.”
-IE Staff