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NYSE Trader

Elimination of the Exceptional Message Fee (EMF)

31 Jul 2008

Effective, August 1, 2008 the New York Stock Exchange will eliminate the Exceptional Message Fee of $0.01 per exceptional system message. This fee was originally introduced to help supplement the cost of adding additional capacity to the Exchange's trading systems. The elimination of the EMF reflects a continuing effort by the NYSE to maintain a cost effective, value-added execution offering for our customers.

Rule Filing SR-NYSE-2008-64

Category: Operations

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