Beginning on March 3, 2008 the Exchange will introduce incentive based pricing for orders that originate from NYSE floor brokers and add liquidity to the market. The $0.04 per 100 shares credit will be applied to executions when floor brokers use e-Quotes, DOT or Percentage orders to add liquidity to the market. The Exchange believes that this will continue to encourage posted liquidity, which ensures deeper markets and better prices.
Floor Operations Information Memo
Rule Filing SR-NYSE-2008-15