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NYSE Trader

April 2011 Archives

Update: Short Sale Implementation

26 Apr 2011

On March 25, 2011, the Exchange filed for immediate effectiveness an amendment to NYSE Rule 440B. The amendment provides that short sale orders that have been displayed pursuant to Rule 440B(f) or that are not yet marketable and therefore have not yet been re-priced, and that would otherwise be required to be routed to another exchange pursuant to Reg. NMS, will be repriced to comply with the SEC Short Sale rules and Reg. NMS. Further, under such scenario, DMM interest will be cancelled.

Implementation of software changes to support this amendment has been completed.

Category: Operations

Service Issue Update from April 6, 2011

18 Apr 2011

On Wednesday, April 6, 2011, the NYSE was unable to route orders in approximately 472 symbols to Edge X from 9:30 am to 10:11 am because of a configuration issue occurring prior to the opening of trading. The issue was resolved at 10:11 am by reestablishing the symbol load for that outbound route. System checks have been put in place to ensure that all symbol loads for all routes are in place.

Category: Operations

Short Sale Implementation

12 Apr 2011

On March 25, 2011, the Exchange filed for immediate effectiveness an amendment to NYSE Rule 440B, which provides that short sale orders that have been displayed pursuant to Rule 440B(f) or that are not yet marketable and therefore have not yet been re-priced, and that would otherwise be required to be routed to another exchange pursuant to Reg. NMS, will be repriced to comply with the SEC Short Sale rules and Reg. NMS.

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Category: Operations


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