Apparel giant Gap Inc said it will withdraw the listing of its common stock from NYSE Arca Inc, formerly the Pacific Exchange, in order to streamline operations.

Gap said withdrawing from NYSE Arca will eliminate duplicative administrative requirements necessary with the dual listings that resorted from the NYSE Group's recent merger with Archipelago Holdings, the parent company of NYSE Arca.

Gap does not believe that withdrawing its listing from NYSE Arca, which is expected to become effective within the next month, will have any impact on the liquidity of its stock.