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NYSE Trader

Liquidity Replenishment Point (LRP) Price Parameters Widened

30 Sep 2008

Beginning on October 1, 2008, the Exchange is doubling the LRP ranges. By widening the current values, the Exchange is limiting the amount of time automatic execution is suspended, while continuing to provide protection from volatile order flow. This will allow for more continuous automatic executions of securities but continue to integrate the auction market to provide the opportunity for additional liquidity.

New LRP Ranges

NYSE Regulation Information Memo

Category: Operations


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