Last week the NYSE distributed a link to the technical specification for the upcoming electronic reserve order type. At that time we acknowledged distribution of additional information regarding the reserve order type and the 100 stocks included in the initial pilot.
The two types of reserve orders for electronic entry are still pending SEC approval. The first of the two order types will be available for use in the 2nd Quarter of 2008 with a 100-stock pilot. Attached within please find a link to the reserve order information sheet, describing the two types of reserve orders for electronic entry, the 100-stock pilot list and the technical specification document distributed last week.
Reserve Order Information Sheet
100-Stock Pilot List
Full Technical Specification
Category: Securities