• Jun
  • 30
  • 2006
  • 4:58 PM

This morning's news, this afternoon

By: Ray Pellecchia
File Under: NYSE

Out of the office today and been driving all day, so couldn't post this until now. Awfully hard to blog and steer at the same time, even with the kids oh-so-helpfully navigating from the back seat. Yes, we're there now.

Anyway, here some news from this morning in case you haven't already picked it up elsewhere: NYSE Group Announces Pricing Changes for Equities and Options Trading

Excerpt:

· New York Stock Exchange introduces simplified pricing model for customers who trade NYSE-listed cash equities
o Increases transparency and efficiency; provides more equitable pricing for customers;
supports future product, volume and trading platform growth; represents an initial
phase in transaction pricing changes.

· NYSE Arca Options revised options pricing reflects operating efficiencies gained in the PCX/Archipelago integration
o Fee reductions will be realized; market maker fees will be streamlined to encourage increased
liquidity; advanced market structure will result in expanded market making opportunities.


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