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  • Mar
  • 31
  • 2006
  • 8:11 AM

Trade news roundup

By: Ray Pellecchia
File Under: NYSE

Testimony, disciplinary action, and last but not least, NMS and Hybrid.

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  • Mar
  • 31
  • 2006
  • 7:39 AM

The 411 about 401

By: Ray Pellecchia
File Under: NYSE, NYSE

The week goes out in style, to the tunes of Raymond and The Redundos.

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  • Mar
  • 30
  • 2006
  • 6:45 PM

Better for bonds

By: Ray Pellecchia
File Under: NYSE

New on nyse.com: a series of innovative tools to provide investors with better access to information and pricing for bonds traded through the NYSE's Automated Bond System.

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  • Mar
  • 30
  • 2006
  • 11:34 AM

Leading Argentine bank is 4th IPO from Latin America in 2006

By: Ray Pellecchia
File Under: NYSE

Latin American IPOs listing on the NYSE have raised $2.5 billion to date in 2006.

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  • Mar
  • 29
  • 2006
  • 3:29 PM

And the number is: 3...9...9!

By: Ray Pellecchia
File Under: NYSE, NYSE

An initial public offering and another addition to Hybrid Market Phase I.

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  • Mar
  • 29
  • 2006
  • 8:59 AM

Share of shares

By: Ray Pellecchia
File Under: NYSE

No predictions from your humble blogger, but a reminder.

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  • Mar
  • 28
  • 2006
  • 4:15 PM

SIA Seeks 9-12 Month Delay On NMS

By: Ray Pellecchia
File Under: NYSE

Securities-industry trade group asks for more time to deal with far-reaching changes.

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  • Mar
  • 28
  • 2006
  • 9:45 AM

Who sez March goes out like a lamb? We added 244 Hybrid stocks in last 3 days

By: Ray Pellecchia
File Under: NYSE, NYSE

In the last three trading days, we've added 244 stocks to Phase I of the NYSE Hybrid Market.

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  • Mar
  • 27
  • 2006
  • 8:46 AM

Focusing on the facts

By: Ray Pellecchia
File Under: NYSE, NYSE

Overall, I think we have a pretty good track record of not crying wolf.

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  • Mar
  • 27
  • 2006
  • 8:26 AM

When do we expects the specs?

By: Ray Pellecchia
File Under: NYSE, NYSE

As always, we've been careful throughout not to post specs and have people build to them until we were sure of what the approved product would be.

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  • Mar
  • 24
  • 2006
  • 5:21 PM

Update to the update: 289 stocks now active in Hybrid Market Phase I

By: Ray Pellecchia
File Under: NYSE, NYSE

The year 289 was not a Great one for Constantine's mom.

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  • Mar
  • 24
  • 2006
  • 4:16 PM

Tim Hortons raises a lotta dough(nuts)

By: Ray Pellecchia
File Under: NYSE

Enough good stuff to slake a police precinct.

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  • Mar
  • 24
  • 2006
  • 1:44 PM

Latest Hybrid update and next steps

By: Ray Pellecchia
File Under: NYSE

Usage of the new Hybrid features and functionality grows with each week.

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  • Mar
  • 24
  • 2006
  • 8:16 AM

On the Reg front: a significant sanction for a significant violation

By: Ray Pellecchia
File Under: NYSE

"There is zero tolerance on the NYSE Floor for illegitimate orders," says Susan Merrill, chief of Enforcement at NYSE Regulation.

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  • Mar
  • 23
  • 2006
  • 9:23 AM

Now comes the hard part

By: Ray Pellecchia
File Under: NYSE

With SEC approval in hand, all that's left is this little matter of making Hybrid work -- getting it right. The team is pumped and racing off back to work, building something great.

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  • Mar
  • 22
  • 2006
  • 6:13 PM

SEC: Hybrid 'should help perfect mechanism of free and open market'

By: Ray Pellecchia
File Under: NYSE

The SEC concludes: more efficient mechanism, faster access to NYSE and away interest, and enhanced opportunity to execute without dealer participation, "consistent with the goals of the Act."

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  • Mar
  • 22
  • 2006
  • 5:32 PM

Hybrid Market gains SEC OK; Phase I to be rolled out to remaining stocks

By: Ray Pellecchia
File Under: NYSE

Good-bye, proposed Hybrid Market. Hello, approved Hybrid Market.

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  • Mar
  • 21
  • 2006
  • 2:25 PM

Broker-dealers discuss NMS implementation "challenges"

By: Ray Pellecchia
File Under: NYSE

Major firms talk about their preparations for Reg. NMS.

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  • Mar
  • 21
  • 2006
  • 2:21 PM

An under-reported issue: reporting trades and mocking the rule of law

By: Ray Pellecchia
File Under: NYSE

A proposal that would contravene sound public policy and violate the law.

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  • Mar
  • 20
  • 2006
  • 8:36 AM

Next steps for Hybrid Market rollout

By: Ray Pellecchia
File Under: NYSE

We'll have a better idea of scheduling next steps as soon as the SEC approves the Hybrid Market proposal, which we expect soon.

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  • Mar
  • 17
  • 2006
  • 5:07 PM

NYSE Index record, quarterly rebalance, plus a visit from Mr. Buffett

By: Ray Pellecchia
File Under: NYSE

Today's NYSE Group news round-up.

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  • Mar
  • 17
  • 2006
  • 4:14 PM

Where to find the Hybrid 411

By: Ray Pellecchia
File Under: NYSE

Where to find latest news, rule filings, FAQ, glossary, all things NYSE Hybrid Market.

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  • Mar
  • 16
  • 2006
  • 10:03 AM

One hour to a better understanding of the NYSE Hybrid Market

By: Ray Pellecchia
File Under: NYSE

If you're yearning for a T2T (that's trader-to-trader) understanding of what the NYSE Hybrid Market is all about, here's an excellent way to spend an hour.

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  • Mar
  • 15
  • 2006
  • 5:17 PM

NYA goes high-ya

By: Ray Pellecchia
File Under: NYSE

Another record high for the NYSE Composite Index.

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  • Mar
  • 15
  • 2006
  • 10:07 AM

I read the news yesterday, oh boy

By: Ray Pellecchia
File Under: NYSE

Two companies transferring to the Big Board from Nasdaq, and a good day for the NYSE Composite Index.

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  • Mar
  • 15
  • 2006
  • 9:48 AM

Another five issues join Hybrid Market Phase I pilot

By: Ray Pellecchia
File Under: NYSE, NYSE

There are now 152 stocks in the pilot, a fact that is a source of great joy. Great joy? Read on.

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  • Mar
  • 15
  • 2006
  • 9:36 AM

Specialists add liquidity and value

By: Ray Pellecchia
File Under: NYSE

The facts show that specialists are there when the market needs them most, to the tune of $8 billion a day, or $2 trillion a year.

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  • Mar
  • 14
  • 2006
  • 2:05 PM

Hybrid Market Phase I pilot extended

By: Ray Pellecchia
File Under: NYSE

The pilot has been extended to March 24, while the SEC continues to consider the Hybrid Market proposal.

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  • Mar
  • 14
  • 2006
  • 10:10 AM

Nazareth: Reg. NMS likely to be delayed, but progress is being made

By: Ray Pellecchia
File Under: NYSE

Reuters quotes the SEC Commissioner saying, "I think we just need to come up with realistic deadlines in concert with the markets and the industry for the roll-out."

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  • Mar
  • 13
  • 2006
  • 6:20 PM

NYSE Group files for proposed public offering of common stock

By: Ray Pellecchia
File Under: NYSE

The listing was last Wednesday, March 8; today, NYSE Group filed a registration statement on Form S-1 with the SEC for a proposed offering of NYSE Group common stock to the public.

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  • Mar
  • 13
  • 2006
  • 11:58 AM

Please, Mr. Postman

By: Ray Pellecchia
File Under: NYSE

The glitch on HybridTalk's "Contact" feature has been fixed.

more »

  • Mar
  • 13
  • 2006
  • 8:45 AM

Will specialists be able to better the current bid by a penny?

By: Ray Pellecchia
File Under: NYSE, NYSE

Specialists' trading via the API is subject to a number of requirements.

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  • Mar
  • 10
  • 2006
  • 8:01 PM

The Latin global beat goes on

By: Ray Pellecchia
File Under: NYSE

Latin American company numero noventa joins el Grupo NYSE.

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  • Mar
  • 10
  • 2006
  • 10:26 AM

How many Elvis songs made the Billboard top 100?

By: Ray Pellecchia
File Under: NYSE

Some prime reasons to think about a prime number.

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  • Mar
  • 09
  • 2006
  • 12:40 PM

"No other exchange in the U.S. has this level of independence"

By: Ray Pellecchia
File Under: NYSE

John Thain testifies today before the U.S. Senate Committee on Banking, Housing and Urban Affairs on the topic of self-regulation. Hybrid mentioned, too!

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  • Mar
  • 08
  • 2006
  • 3:32 PM

How we got here

By: Ray Pellecchia
File Under: NYSE

The 1792 Buttonwood Agreement, the 1882 founding of the Stock and Bond Exchange in San Francisco, the 1997 launch of Arca ECN, and another historic March 8.

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  • Mar
  • 07
  • 2006
  • 6:37 PM

NYSE/Archipelago merger complete; NYSE Group stock trades tomorrow

By: Ray Pellecchia
File Under: NYSE

John Thain: "This is an historic day for the Exchange, our customers, and investors. This merger transforms and modernizes the New York Stock Exchange with a growth strategy for the future."

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  • Mar
  • 07
  • 2006
  • 8:53 AM

AP: "NYSE Group's future hinges on trading stocks faster"

By: Ray Pellecchia
File Under: NYSE

The AP says, "...the NYSE's new "hybrid" program -- the merging of electronic trading with traditional floor auctions -- must be a fast and sure success."

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  • Mar
  • 06
  • 2006
  • 12:34 PM

Thain to FT: Hybrid offers choice; trading floor offers liquidity

By: Ray Pellecchia
File Under: NYSE, NYSE

"There are 2,780 companies listed here today. Maybe 200 of those are liquid enough that they can trade electronically most of the time. The vast majority of stocks aren’t liquid enough to trade very well electronically. We will give our customers choices and the market will evolve as it will evolve."

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  • Mar
  • 06
  • 2006
  • 9:52 AM

And for best supporting stock market, the Oscar goes to...

By: Ray Pellecchia
File Under: NYSE

The home of the Oscars this year is not just Hollywood, but also 11 Wall St.

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  • Mar
  • 05
  • 2006
  • 11:31 AM

WSJ: NYSE's New Push Into Bonds Won't Be Easy, Say the Skeptics

By: Ray Pellecchia
File Under: NYSE

Following up on Friday's article, the Wall Street Journal explores further the challenges facing the Big Board's effort to reignite our bond market.

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  • Mar
  • 03
  • 2006
  • 12:13 PM

WSJ: NYSE Seeks to Revive Its Role As a Big Board for Bond Trading

By: Ray Pellecchia
File Under: NYSE

"The NYSE's idea is to offer both individuals and institutions a one-stop shop for companies' stocks and bonds."

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  • Mar
  • 03
  • 2006
  • 9:32 AM

FT: Centralizing orders "actually seems to be quite effective"

By: Ray Pellecchia
File Under: NYSE, NYSE

Will the NYSE Hybrid Market prove durable? The FT's Lex column doesn't actually answer the question, but provides some food for thought.

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  • Mar
  • 03
  • 2006
  • 8:10 AM

Debunking the lump theory: Thomas Friedman and the Hybrid Market

By: Ray Pellecchia
File Under: NYSE

The NYSE Hybrid Market is designed to grow not only the Exchange, but also the value we provide to customers.

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  • Mar
  • 02
  • 2006
  • 10:36 AM

Bloomberg: "NYSE Floor Brokers Confront 'Hybrid Market'"

By: Ray Pellecchia
File Under: NYSE

"Brokers are averaging about 375 e-Quote trades a day, up from 200 two weeks ago, according to the NYSE."

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  • Mar
  • 02
  • 2006
  • 8:00 AM

I’d like an Auction Limit order with soy milk, please

By: Ray Pellecchia
File Under: NYSE, NYSE

In a world of empowered, self-directed customers, the NYSE Hybrid Market gives them the choice: auction, automated, or something that combines the two.

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  • Mar
  • 01
  • 2006
  • 10:26 AM

Another 6 stocks join Phase 1 pilot

By: Ray Pellecchia
File Under: NYSE, NYSE

There are now 147 stocks in the pilot for Phase 1 of the Hybrid Market. Sorry, no doggerel today.

more »

  • Mar
  • 01
  • 2006
  • 8:20 AM

On crisis and opportunity: Thomas Friedman and the Hybrid Market

By: Ray Pellecchia
File Under: NYSE

Gerstner and IBM, Thain and the NYSE Hybrid Market, crisis and opportunity. Plus, a little bit of Einstein.

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