NYSE Euronext is moving the timing of the American Stock Exchange equities integration to early December from mid-September. In connection with this, we are cancelling the industry test that had been scheduled for Aug. 23. As a reminder, the equities integration will transition trading from Amex/AEMI systems to the NYSE Alternext brand, using NYSE systems.
more »
Category: Operations, Traders
The NYSE will decommission the Common Message Switch (CMS) as of December 31, 2008. It is important that your firm begin the conversion process from CMS to the Common Customer Gateway (CCG) as soon as possible. In addition, the NYSE will not accept requests for new CMS sessions after October 3, 2008.
NYSE Trading Technology Memo
NYSE Fix Specification & User Guide Version 3.5.1
Category: Operations, Traders
As previously announced in NYSE Trader Update Notice of upcoming NYSE system changes to support the NYSE/Amex Integration (NYSE Alternext U.S.)", Amex Equities will be migrated onto the NYSE Trading Platform in the September 2008 timeframe. The Amex Auction and Electronic Market Integration system (AEMI) currently supports FIX protocol version 4.4. Upon completion of the Amex Equities migration to the NYSE Trading platform, incoming FIX messages must conform to the currentNYSE Fix 4.2 specification or NYSE FCS protocol formats.For more detailed information regarding NYSE version FIX4.2 and the Amex migration see the NYSE FIX Specification version 3.5.1 and the Integration & Connectivity Notice links provided below.
NYSE Alternext U.S. Trading System (NYSE/Amex Integration) CMS Integration & Connectivity Notice
NYSE Fix Specification & User Guide version 3.5.1
Category: Operations, Trading Floor
In support of the NYSE's Take/Provide billing structure, the Exchange is enhancing its trading system to clearly identify customer executions with new billing indicators. These indicators will be provided both in real time on CMS execution reports as well as in your Post Trade reports (Merged Order Log).
more »
Category: Operations, Product News
Beginning on January 25, 2008 the NYSE will convert Berkshire Hathaway Inc. (BRK A) to a one (1) share Unit of Trade (UOT) from a ten (10) share UOT. For details of the change and its impact please review the changes to current Unit of Trade (UOT) for Berkshire Hathaway Inc. (BRK A).
Floor Operations Information Memo
Category: Operations, Securities
Effective October 12th, the NYSE will begin implementation of new software that will publish specialist interest to the NYSE OpenBook, intermingled with other limited interest, as well as enable the specialist to open stocks on a quote electronically from their Specialist API.
Market Surveillance Information Memo
Category: Operations, Traders
The NYSE will complete the rollout of the Do Not Ship Order (DNS) condition for limit orders, e-Quotes and g-Quotes to all remaining Securities and ETFs today. See the attached Floor Operations Memo for a recap of the DNS Order; the Intermarket Sweep Order and the NYSE IOC and Reg NMS IOC Orders.
Floor Operations Information Memo
Category: Operations, Product News
As of July 6, 2007, the short sale "tick test" has been eliminated for all NYSE securities. The SEC has granted relief to allow a transitional period of 90 days from July 6 for firms to do the necessary systems work to replace the "short exempt" marking with "short." The SEC also granted relief to all SRO s to be able to accept orders marked "short exempt" for the same period.
SEC REG SHO Relief Response Letter to SIFMA
SEC REG SHO Relief Response Letter to AMEX
Category: Operations, Product News