Located 90 miles north of San Francisco, the 21,000-acre site includes a ranch, vineyards and a winery. The announcement from the world's largest stock exchange comes after the rival Nasdaq stock market and two private companies said they would offer evening trading starting this summer.
Specific details have yet to be released.
Previously, the NYSE said it planned to start early and late trading sessions in June 2000. The NYSE also confirmed that Toyota Motor Corp. will list its American depositary receipts on the NYSE, switching from Nasdaq. In other news . Mutual fund manager John Bogle Jr., son of the founder of Vanguard Group, says he is planning to start a money management firm of his own. He plans to have his new firm, Bogle Investment Management L.P., up and running by September.