The "activated" link ain't working

by Me on June 12, 2006 10:27 AM

Me -- I know. The Phase I pilot is long over, so that link to the list of pilot stocks is no longer live.

I need to update those posts with a note. Will put on my to-do list.

In the meantime, here's the link to the wrapup on Phase I:
http://www.nyse.com/pdfs/hm_booklet.pdf

Thanks for writing to point this out.

by Ray Pellecchia on June 12, 2006 1:28 PM

I would like to know which stocks are currently trading under the hybrid system. I can't seem to find it on the site anywhere. Thanks.

by Chris Shirley on September 5, 2006 10:15 AM

Chris -- Some of the Hybrid Market tools have been rolled out across all our stocks, such as NYSE e-Quote, which was part of Phase I. For other tools such as the Specialist API (Phase II), the software rollout is complete but the various functions are being rolled out gradually. And we have a Phase III pilot underway in Lucent Technologies, in which we've revised the restrictions on NYSE Direct+ automated order execution. That phase is the one most commonly thought of as what you called "the hybrid system."

Phase III will begin rolling out on a gradual basis starting 6 October, and is expected to last several weeks. Also beginning 6 October, we will post on nyse.com/hybrid the names of stocks that have been activated in Phase III, and keep that updated.

Hope that's of some help. Thanks for reminding me, we need to add definitions of each phase to the summary schedule we have posted on nyse.com/hybrid. Will get to that as soon as I can.

Appreciate your writing, and hope you'll stay tuned.

by Ray Pellecchia on September 6, 2006 7:55 AM