In support of the deployment of its Volatility Trading Pause (VTP) – the new single-stock circuit breakers for S&P 500 securities - the NYSE will provide scripted VTP halt messages over production Consolidated Tape and Consolidated Quote lines this Saturday, June 12, 2010. Common Customer Gateway lines will not be available for this testing, strictly market data publication on production IPs. Additional information, including a test script and schedule, will be published via a Trader Update notification later this week. Firms may contact Michael Paulyson at 212.656.2721 or mpaulyson@nyx.com with any questions.
Deployment of the VTP logic is currently pending SEC approval. A Trader Update will be published, along with a deployment schedule, once approval is received.
Category: Operations, Traders