In a previous client communication on August 5, 2008 the Exchange reported that we will be decommissioning CMS on December 31, 2008. As part of that communication, we mandated a cutoff date of October 3, 2008 for all new CMS session requests. As a reminder this Friday, October 3, 2008 will be the last day the Exchange will accept new CMS sessions requests.
CCG connectivity is now responsible for 75% of the orders entered in to Exchange systems on a daily basis. With this milestone reached, we have reduced capacity in CMS by one-third, with plans to reduce the capacity further as the CCG connected order flow percentage increases.
NYSE Trading Technology Memo
NYSE Fix Specification & User Guide Version 3.5.1
Category: Operations