The NYSE today will introduce NYSE Order Imbalances, a rich, new data product that will increase the transparency of the NYSE's daily open and close, the two most critical periods of the trading day.
“The auctions that take place at the open and close of the New York Stock Exchange are unmatched for their liquidity and price discovery. Now we are providing investors with greater visibility into that auction process, helping customers make better-informed decisions and more effectively manage their execution strategies,” said Mark Schaedel, vice president, NYSE Data Products. “We believe the end result will be increased participation in the open and close, which in turn further contributes to market quality.”
Category: Product News
