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NYSE Trader

November 2009 Archives

CEE Electronic Submission Form to go live Monday, November 23, 2009

20 Nov 2009

As previously announced, starting Monday, November 23, 2009 customer requests for CEE (Clearly Erroneous Execution) reviews for NYSE, NYSE Arca & NYSE Amex will be processed using a new web-based submission form available via the easy shortcut nyx.com/CEE which may be pasted directly into the address field of your web browser. You may also wish to bookmark www.nyx.com/CEE for future reference.
Our Trade Support staff stands ready to assist with questions about entering CEEs at 866-368-3375 (NYSE and NYSE Amex) and 888-513-9873 (NYSE Arca). Detailed information about current CEE submission guidelines are available at:
NYSE & NYSE Amex Submission Guidelines
NYSE Arca Submission Guidelines

Category: Operations

New CEE Review Request Submission Form Goes Live on Monday 11/23/09

17 Nov 2009

Beginning next Monday, November 23, 2009, customers of NYSE Euronext's U.S. cash equities markets will have access to a web-based service for submitting Clearly Erroneous Execution review requests. The new CEE submission process is designed to speed and simplify entry of review requests while helping customers meet the deadline for providing all the relevant execution information, which is typically 30 minutes after execution.

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Category: Operations

New Closing Offset Order Type

16 Nov 2009

Pending SEC approval, the NYSE will introduce - on a date to be announced - a new Closing Offset (“CO”) order that will participate in the closing trade on the opposite side of any imbalance. The introduction of the CO order is part of a comprehensive change to the Closing procedures described in the appended rule filings, which include changes to the time parameters governing submission and cancellation of MOC/LOC orders.

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Category: Product News

Automatic Cancelation of Partially Executed/Canceled GTC Orders & Done for Day Subscription Service Update

11 Nov 2009

Pending SEC approval, the NYSE will institute a temporary processing change to automatically cancel all open GTC orders and replacement orders that received a partial fill or were partially canceled during the trading day. Customers should expect to receive an unsolicited "UROUT" at approximately 4:30 p.m.

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Category: Product News

NYSE to Accept & Process Sub-penny Priced Orders < $1 without rounding

06 Nov 2009

The New York Stock Exchange will implement changes to accept limit and stop orders priced less than $1 entered in sub-pennies for all securities listed on both the NYSE and NYSE Amex without rounding such prices to the nearest whole penny. Orders priced equal to or greater than $1 entered in sub-pennies will continue to be rejected, as is done today. Pursuant to Regulation NMS Rule 162, limit orders priced under $1 in increments smaller than .0001 will be rejected. Please refer to the attached link for additional technical details.

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Category: Operations

NYSE Amex Trading of NASDAQ Symbols Under UTP - Industry Testing

04 Nov 2009

As previously announced in the September 8, 2009 NYSE Trader update, the NYSE Amex plans to trade NASDAQ listed equities and select ETFs on an Unlisted Trading Privilege (UTP) basis as an additional trading venue, supplementing NYSE Arca. In support of that effort, by mid November, 2009 the NYSE plans to support member firm testing in the User Acceptance Test (UAT) environment during normal business hours.

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Category: NYSE Amex

NYSE will Trade CIT today

02 Nov 2009

NYSE to Suspend Trading in CIT Group Inc. and Related Securities Moves to Remove from the List

NEW YORK, November 2, 2009 – NYSE Regulation, Inc. (“NYSE Regulation”) announced today that it determined that the common stock of CIT Group Inc. (the “Company”) – ticker symbol CIT – as well as the 3 related listed securities below, should be suspended prior to the market opening on Tuesday, November 3, 2009.

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Category: Securities


Categories

Connectivity (31 entries)

NYSE Amex (45 entries)

Operations (163 entries)

Product News (56 entries)

Securities (47 entries)

Technical (1 entries)

Traders (19 entries)

Trading Floor (6 entries)