ICE will seek to reduce stock order types at NYSE, chief says

CHICAGO Thu May 8, 2014 9:19am EDT

CHICAGO May 8 (Reuters) - IntercontinentalExchange Group Inc will seek to reduce the number of stock order types at the New York Stock Exchange, Chief Executive Officer Jeff Sprecher said on Thursday.

ICE, which completed a deal to buy the NYSE in November, will apply to the U.S. Securities and Exchange Commission to eliminate order types as a way to reduce complexity in equity markets, he told analysts on a conference call. (Reporting by Tom Polansek; Editing by Jeffrey Benkoe)

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