Effective August 1, 2009, the NYSE and NYSE Amex will implement pricing changes to the open and closing auctions as well as odd lots. Included in this price changes are:
- Reduced take rate of $0.0017, 32%-43% lower than other major exchanges, for qualified firms
- Odd-Lot pricing of $0.0018, still 28%-40% lower than taking on other major exchanges
- NYSE opening auction rate of $0.0005 with $10,000 monthly cap by firm
- NYSE and NYSE Amex closing auction rates of $0.0007
Category: Operations