NYSE Trader tag:,2009:/2 2009-11-20T21:39:17Z NYSE Trader Movable Type 3.35 CEE Electronic Submission Form to go live Monday, November 23, 2009 tag:traderupdates.nyse.com,2009://2.1852 2009-11-20T21:17:10Z 2009-11-20T21:39:17Z 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... 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]]> New CEE Review Request Submission Form Goes Live on Monday 11/23/09 tag:traderupdates.nyse.com,2009://2.1851 2009-11-17T20:23:26Z 2009-11-17T20:40:07Z 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... 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. A link to the new webform will be provided as an NYSE Trader Update on Friday, November 20, 2009, and submissions will be accepted using the form beginning on Monday, November 23, 2009.

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]]> New Closing Offset Order Type tag:traderupdates.nyse.com,2009://2.1849 2009-11-16T21:52:55Z 2009-11-17T14:16:05Z 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... 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. Closing Offset Order Information Memo
Additional information for the closing procedure changes may be found using the following links: NYSE Rule Filing NYSE Amex Rule Filing]]> Automatic Cancelation of Partially Executed/Canceled GTC Orders & Done for Day Subscription Service Update tag:traderupdates.nyse.com,2009://2.1846 2009-11-11T20:44:31Z 2009-11-12T19:34:53Z 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... 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.
Also beginning in December, the NYSE plans to activate “Done for Day” messages on a Firm subscription basis. Subscribed Firm mnemonics will receive an unsolicited end of day “UROUT” message for all unexecuted “Day” orders sent to SDBK at the symbol’s designated cutoff time, currently planned as 4:30 p.m. Member Firms interested in testing this new service can contact our Service Desk at 1-866-873-7422 or send an email to support@nyx.com.

Technology Trading Memo
Post Trade Information Memo]]> <![CDATA[NYSE to Accept & Process Sub-penny Priced Orders < $1 without rounding]]> tag:traderupdates.nyse.com,2009://2.1844 2009-11-06T20:54:01Z 2009-11-06T21:00:11Z 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... 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. ]]> Trading Technology Memo]]> NYSE Amex Trading of NASDAQ Symbols Under UTP - Industry Testing tag:traderupdates.nyse.com,2009://2.1843 2009-11-04T16:04:16Z 2009-11-04T19:21:38Z 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... 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.
  • November 21, 2009
  • December 12, 2009
  • January 9, 2010 Based upon results from these industry tests and member firm readiness, the NYSE will announce a live date for trading early in the first quarter of 2010. Please contact your Relationship Manager or one of the below contacts should you have any questions, comments or concerns:
    Robert Airo rairo@nyx.com 212.656.5663
    Michael Paulyson mpaulyson@nyx.com 212.656.2721
    Todd Abrahall tabrahall@nyx.com 212.656.4966

    NYSE Amex Trading of NASDAQ Symbols Under UTP – Industry Testing ]]> NYSE will Trade CIT today tag:traderupdates.nyse.com,2009://2.1841 2009-11-02T14:55:26Z 2009-11-02T15:07:51Z NYSE to Suspend Trading in CIT Group Inc. and Related Securities Moves to Remove from the ListNEW YORK, November 2, 2009 – NYSE Regulation, Inc. (“NYSE Regulation”) announced today that it determined that the common stock of CIT Group Inc....
    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. ]]> Tikcer Issue CIT PR A 6.350% Non-Cumulative Preferred Stock, Series A CIT PR C 8.75% Non-Cumulative Perpetual Convertible Preferred Stock, Series C CIT PR Z Equity Units
    This decision was reached in view of the Company’s November 1, 2009 announcement that its Board of Directors has voted to proceed with voluntary filings for CIT Group Inc. and CIT Group Funding Company of Delaware LLC with the U.S. Bankruptcy Court for the Southern District of New York, pursuant to the Company’s prepackaged plan of reorganization that received the requisite levels of support from the Company’s debtholders. The Company proceeded with these voluntary filings on November 1, 2009. Separately, conditions for consummating the Company’s alternative exchange offers were not met. Accordingly, under the proposed prepackaged plan of reorganization, all existing common and preferred stock will be cancelled upon emergence. As a result, NYSE Regulation has determined that the Company is no longer suitable for listing.

    The Company has a right to a review of this determination by a Committee of the Board of Directors of NYSE Regulation. Applications to the Securities and Exchange Commission to delist the issues are pending the completion of applicable procedures, including any appeal by the Company of the NYSE Regulation staff’s decision. The NYSE noted that it may, at any time, suspend a security if it believes that continued dealings in the security on the NYSE are not advisable.

    Company contact: Ken Brause 1-866-54CITIR ]]>     Four- and Five-Character Symbol Update tag:traderupdates.nyse.com,2009://2.1830 2009-10-23T14:13:15Z 2009-10-23T13:53:31Z 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). ]]> Subsequently, the NYSE has successfully listed four character root symbols for trading on both the NYSE and NYSE Amex exchanges, and at some point in the later half of 4Q2009 may list a five-character root symbol. Firms should ensure that their systems are capable of handling all combinations of four- and five-character root symbols with various suffix combinations. Firms wishing to test their systems with various symbol combinations in the UAT environment should contact the Member Firm Testing group by sending an email to firmtesting@nyx.com. For further information or if you have any questions, please contact your Relationship Manager. Third Party Algorithm Provider New Indicators tag:traderupdates.nyse.com,2009://2.1820 2009-10-05T19:17:13Z 2009-10-05T19:29:57Z 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...
  • "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]]> Clearly Erroneous Executions Rule 128 Amended tag:traderupdates.nyse.com,2009://2.1819 2009-10-02T20:11:28Z 2009-10-02T20:13:40Z 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... Regulation Information Memo]]> Amex Inverted Pricing Special tag:traderupdates.nyse.com,2009://2.1818 2009-09-30T20:23:44Z 2009-10-02T18:48:53Z 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... 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]]> NYSE Euronext’s New Data Center tag:traderupdates.nyse.com,2009://2.1809 2009-09-24T16:12:38Z 2009-09-24T16:15:23Z 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... 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. Trading Technology Information Memo]]> Post Trade Update for NYSE Amex Trading of NASDAQ Symbols Under UTP tag:traderupdates.nyse.com,2009://2.1805 2009-09-22T17:09:42Z 2009-09-30T20:52:35Z As previously announced in the NYSE Trader Update of September 8, 2009, NYSE Amex is preparing to trade NASDAQ Listed Equities and selected ETFs on an Unlisted Trading Privilege basis starting on a date to be announced early in the... As previously announced in the NYSE Trader Update of September 8, 2009, NYSE Amex is preparing to trade NASDAQ Listed Equities and selected ETFs on an Unlisted Trading Privilege basis starting on a date to be announced early in the first quarter of 2010. Trading Technology Memo PT 160 ]]> OCS Regulatory Changes for September 25, 2009 tag:traderupdates.nyse.com,2009://2.1804 2009-09-18T19:51:04Z 2009-09-24T14:11:03Z Trading Technology Memo PT 161 Trading Technology Memo PT 157 Information Memo 09-46 ]]> Inverted Pricing Special to Start on Thursday, October 1st tag:traderupdates.nyse.com,2009://2.1802 2009-09-15T14:13:21Z 2009-09-15T14:38:30Z 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... Inverted Pricing Special Memo]]>