NYSE Trader

Merged Order Log Redesign

14 Dec 2009

The Merged Order Log file format is being redesigned to support expanded quantity fields, the addition of new fields such as the Account Id (FIX Tag 1) and the removal of obsolete fields such as the old Activity Id. more »

Category: Product News

NYSE/AMEX Integration - Testing Reminder

03 Dec 2009

As previously announced, in the first quarter of 2010, the NYSE Amex plans to trade NASDAQ listed equities on an Unlisted Trading Privilege (UTP) basis. In support of that effort, [+]the NYSE has been supporting Saturday industry testing opportunities in the production environment, the next of which is scheduled for Saturday, December 12, 2009. Firms wishing to participate in the test must register by sending an email to Michael Paulyson at mpaulyson@nyx.com. Please see the linked documents below for further details.

Trading Technology Info Memo - NYSE Amex Trading of NASDAQ Symbols Under UTP – Industry Testing
Trading Technology Info Memo - NYSE Amex Trading of NASDAQ Symbols Under UTP
Trading Technology Info Memo - PT 160

Category: NYSE Amex

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.

more »

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.

more »

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. more »

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.

more »

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. more »

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.

more »

Category: Securities

Four- and Five-Character Symbol Update

23 Oct 2009

Previously, the NYSE announced its compliance with the 2008 SEC accord to support uniform symbology across all exchanges, along with availability for firms to test both four- and five-character root symbols in the User Acceptance Test (UAT) environment (see the December 2, 2008 Trader Update).

more »

Category: Connectivity, Operations

Third Party Algorithm Provider New Indicators

05 Oct 2009

On or about October 16, the NYSE e-Broker™ hand-held device is being enhanced to allow Floor Brokers to route interest to a new Third Party Algorithm (“Algo”) provider. CCG customers may receive new values in Tag 9570 (ExecAwayMktId) and Merged Order Log users may receive new billing indicator values (position 157 on report messages (2A-2E)) on execution reports for interest routed through a third party broker algorithm. Third party algo providers may elect to accept responsibilities for transaction fees and bill customers directly for this service. New values are listed below:
  • "F" representing NYSE e-Broker hand-held interest routed to the NYSE Trading Systems
  • "G" representing NYSE e-Broker hand-held interest routed away from the NYSE Trading Systems

For more details regarding Third Party Broker Algos and NYSE System processing
Third Party Algo Information Memo

Category: Operations

Clearly Erroneous Executions Rule 128 Amended

02 Oct 2009

Effective Monday, October 5, 2009, the NYSE is amending its Rule 128, entitled Clearly Erroneous Executions. The amended rule is the result of a coordinated effort among all national securities exchanges to improve the consistency of clearly erroneous execution rules at such exchanges and to add more objective criteria to be used in handling clearly erroneous executions. NYSE AMEX is adopting the same rule. Key components of the Rule are highlighted in the attached Information Memo.

Regulation Information Memo

Category: Operations, Traders

Amex Inverted Pricing Special

30 Sep 2009

Effective October 1, 2009, NYSE Amex equities will increase 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 remains $0.0025. In addition to receiving a higher rebate, posted customer orders have a strong chance of first execution given our aggressive liquidity takers and the benefits of a parity market. The inverted pricing plan will be in effect for a minimum of three months.

Arca ETP holders may also take advantage of this inverted pricing by using the PO+ order type to send orders to NYSE Amex.

If you have questions please contact your Relationship Manager.

For a Link to the Update

Category: NYSE Amex

NYSE Euronext’s New Data Center

24 Sep 2009

In August of 2010, NYSE Euronext plans take the first steps in migrating trading of its US markets to its new, state-of-the-art data center. Construction of this facility is well underway and represents a significant investment by NYSE Euronext to provide our customers with a technology platform that can facilitate industry leading performance with greater security, flexibility and collocation opportunities.

more »

Category: Operations


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Connectivity (27 entries)

NYSE Amex (21 entries)

Operations (84 entries)

Product News (44 entries)

Securities (43 entries)

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Trading Floor (5 entries)