On December 23, 2009, the NYSE issued guidance that GTC orders that receive a partial execution and then are cancelled and replaced are reloaded into the NYSE database on the next trading day with the original quantity of the order. The NYSE advised members and member organizations that these orders may be subject to over-execution and that, pursuant to NYSE and NYSE Amex Equities Rules 18 (“Compensation in Relation to Exchange System Failure”), they may be entitled to reimbursement for losses sustained in relation to a malfunction of the Exchanges’ systems.

Pending SEC Approval, in the latter part of the first quarter of 2010, the NYSE Amex plans to begin trading NASDAQ equities on an Unlisted Trading Privilege (UTP) basis. In support of that effort, the NYSE has scheduled the following additional Saturday industry testing opportunities in the production environment:

On October 1, 2009, Amex equities increased the liquidity-providing rebate for all customers to $0.0030 per share from $0.0015 in securities priced above $1, including displayed and non-displayed orders. The take rate for removing liquidity remained $0.0025. As described, this inverted pricing plan would be in effect for a minimum of three months.