"The first two of the program's four phases already are in place. The key expansion in which the volume limits will be removed will start in earnest in October."

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Aug
27
2006

7:58 PM

Marco goes fast -- real fast

By: Ray Pellecchia: File Under: NYSE

He's 19, the youngest winner of an open-wheel race ever and soon to be the Indy Racing Rookie of the Year. Oh, and did I happen to mention he's carrying the NYSE Group colors into the Winner's Circle?

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Aug
24
2006

4:03 PM

Q&A: About liquidity providers -- day traders and Abbie Hoffman

By: Ray Pellecchia: File Under: NYSE, NYSE

A day trader asks how the NYSE Hybrid Market rewards liquidity providers. The connection to Abbie Hoffman is a bit of a stretch, but that never stopped me before.

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Aug
18
2006

4:17 PM

Happy anniversary, 100-mill day

By: Ray Pellecchia: File Under: NYSE

A little wah-wah, a little feedback, a little vacay and a lotta volume. Trading volume, that is. OK, the other kind of volume too.

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Aug
17
2006

3:13 PM

Q&A: Hit or match

By: Ray Pellecchia: File Under: NYSE, NYSE

When there's a better price in another market, how will the NYSE "honor" it?

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Aug
16
2006

3:08 PM

Q&A: Walking the book

By: Ray Pellecchia: File Under: NYSE, NYSE

Does walking the book violate Rule 127? Also, remembering the King, the Bambino and "the most important blues musician who ever lived."

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Aug
16
2006

1:50 PM

'Software should not be built like Model T Fords'

By: Ray Pellecchia: File Under: NYSE

So says our chief technology officer Steven Rubinow, weighing in on the partially unfilled promise of technology. One of his recommendations to CEOs: be involved, very involved.

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Aug
15
2006

10:42 AM

Q&A: Phase III impact

By: Ray Pellecchia: File Under: NYSE, NYSE

Does having a dress rehearsal on Sept. 30 mean that Phase III will have the biggest impact on the trading community?

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Aug
15
2006

10:27 AM

Q&A re LRPs

By: Ray Pellecchia: File Under: NYSE

Once a market order hits an LRP, what happens?

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Aug
15
2006

8:30 AM

NYSE Bonds

By: John Holman: File Under: Bonds

Hello from the Bond Guy.

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Aug
14
2006

12:28 PM

CEO survey: people are key, but tech is under-delivering

By: Ray Pellecchia: File Under: NYSE

Only one in four CEOs say the ROI of their technology investments fully met or exceeded their expectations. A big disconnect, no? Three of four say their management team will have “more” or “much more” impact on top-line growth in the coming year than in the past three. Remarkable that “management team” out-polled new technology, new product development, strength of brand and all other factors on that one.

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Aug
10
2006

3:33 AM

Phase III dress rehearsal on Sept. 30

By: Ray Pellecchia: File Under: NYSE

The idea is to enable both the trading floor and the trading community to ensure their readiness in advance of Phase III, which will begin a gradual rollout on Oct. 6. Details to be announced shortly.

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Aug
09
2006

12:07 PM

In the NTDWH news (nothing to do with Hybrid)

By: Ray Pellecchia: File Under: NYSE

The Qimonda listing, regulatory actions, an agreement with China's Jiangsu Province, and pitching in to help the community.

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Aug
08
2006

8:30 AM

NYSE Reg: allow 1 arbitrator to decide cases under $200,000

By: Ray Pellecchia: File Under: NYSE

Proposal aims for faster processing, more timely decisions, easier scheduling and reduced fees in certain cases.

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Aug
08
2006

5:56 AM

Turn up the volume report

By: Ray Pellecchia: File Under: NYSE

Options trading? Rave on, Buddy Holly. Plus Keith Moon, Chrissie Hynde, Warren Zevon, Sonny Rollins and Spinal Tap.

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Aug
07
2006

10:55 AM

The Blue Book is back

By: Amy Farnstrom: File Under: NYSE

Our guest blogger, like Abe Lincoln, thinks, "People who like this sort of thing will find this the sort of thing they like."

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Aug
07
2006

9:57 AM

A.G. Edwards fined $900,000 for excessive fees, other violations

By: Ray Pellecchia: File Under: NYSE

The charges involve improperly maintaining customers in non-managed fee-based accounts and charging customers excessive fees, in light of the trading activity in those accounts. The NYSE imposed a requirement on the firm to make restitution to customers relating to the overpayment of fees. In addition, the firm failed to supervise an errant producing branch office manager who made unsuitable customer trades. A.G. Edwards also failed to properly report to the NYSE statistical data on customer complaints.

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