Effective immediately, consistent with the guidelines under the NYSE Sub-penny Trading Rule, orders in Fannie Mae (FNM) and Freddie Mac (FRE) common will be routed to NYSE Arca with NYSE Arca pricing applied. Please be advised that both FNM and FRE continue to be listed on the New York Stock Exchange. Please also be advised that the FNM and FRE preferreds continue to be listed and traded on the New York Stock Exchange.
Category: Connectivity, Securities