« November 2006 | December 2006 | January 2007 »

  • Dec
  • 29
  • 2006
  • 5:59 PM

New levels for trading collars and circuit breakers for first-quarter 2007

By: Ray Pellecchia
File Under: NYSE

How long would NYSE halt trading if the Dow reaches a 10-percent decline between 2 p.m. and 2:30 p.m? How about 20 percent? What happens, exactly, when the NYSE Composite declines 180 points? What's the difference between a circuit breaker and a trading collar, anyway?

If you've answered something other than "Who cares?" to any of these questions, read on.

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  • Dec
  • 29
  • 2006
  • 3:12 PM

Q&A: Is anyone protecting best price?

By: Ray Pellecchia
File Under: NYSE, NYSE

A reader looks to clarify whether best price is being protected in Hybrid Market and pre-Hybrid Market issues.

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  • Dec
  • 29
  • 2006
  • 2:18 PM

Adding 202 issues on Thursday, Jan. 4

By: Ray Pellecchia
File Under: NYSE

The first additions of the new year will bring the total of activated issues to 2,230.

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  • Dec
  • 29
  • 2006
  • 9:30 AM

NYSE, NYSE Arca closed Jan. 2 in honor of former President Gerald R. Ford

By: Ray Pellecchia
File Under: NYSE

The markets will pause to mark the passing of a great American who, in the words of John Thain, "assumed a troubled presidency in a critical time, and thoughtfully and skillfully restored credibility and confidence in the presidency."

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  • Dec
  • 26
  • 2006
  • 10:15 PM

Rollout resumes with another 55 issues on Thursday, Dec. 28

By: Ray Pellecchia
File Under: NYSE

On Thursday, the list of Hybrid Market issues will top 2,000 for the first time.

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  • Dec
  • 22
  • 2006
  • 3:23 PM

Q&A: Will NYSE Arca auto-route?

By: Ray Pellecchia
File Under: NYSE, NYSE

A reader asks whether NYSE Arca will automatically route to better prices at NYSE and other markets. Read on for the answer.

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  • Dec
  • 21
  • 2006
  • 9:00 AM

No new issues the day after Christmas

By: Ray Pellecchia
File Under: NYSE

Plus, the day the King met the President.

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  • Dec
  • 20
  • 2006
  • 3:16 PM

Hybridizing 75 issues on Friday

By: Ray Pellecchia
File Under: NYSE

We'll end the week with 1,976 issues active in Phase III of the NYSE Hybrid Market.

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  • Dec
  • 19
  • 2006
  • 3:50 PM

Adding 93 issues this Thursday

By: Ray Pellecchia
File Under: NYSE

That will raise the total number of activated issues to 1,900.

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  • Dec
  • 19
  • 2006
  • 10:25 AM

Q&A: Still seeing trade throughs

By: Ray Pellecchia
File Under: NYSE

A reader says he's still seeing occasional trade throughs, and asks how that might change in the future.

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  • Dec
  • 19
  • 2006
  • 10:00 AM

Q&A: Closing trades, and GTX orders

By: Ray Pellecchia
File Under: NYSE, NYSE

A reader asks: does automated trading stop right at 4:00 p.m.?

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  • Dec
  • 18
  • 2006
  • 4:20 PM

Q&A: When will Phase III be done?

By: Ray Pellecchia
File Under: NYSE

A reader asks when we'll finish rolling out Phase III of the NYSE Hybrid Market.

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  • Dec
  • 18
  • 2006
  • 1:40 PM

Fifty additions for Wednesday; plus Under Armour and more iShares

By: Ray Pellecchia
File Under: NYSE

The number of activated Hybrid Market issues will total 1,806 as of this coming Wednesday.

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  • Dec
  • 18
  • 2006
  • 10:12 AM

Efficiency, volatility and the little guy

By: Ray Pellecchia
File Under: NYSE

A trader writes that the Hybrid Market is increasing volatility and making it "easier for the big guys to push around the little traders."

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  • Dec
  • 15
  • 2006
  • 2:08 PM

Hybridizing 15 issues on Dec. 19

By: Ray Pellecchia
File Under: NYSE

Plus some rock birthdays, from the British Invasion to psychedelia to punk.

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  • Dec
  • 15
  • 2006
  • 10:38 AM

Two issues removed from the list today

By: Ray Pellecchia
File Under: NYSE

Plus, on the trivia front: in what year did NYSE's first million-share day occur?
a) 1886
b) 1901
c) 1908
d) 1929
Click through for the changes to the list, and for the quiz answer.

more »

  • Dec
  • 14
  • 2006
  • 1:56 PM

Hybrid Market rollout resumes on Monday, Dec. 18 with another 67 issues

By: Ray Pellecchia
File Under: NYSE

That will gice us a total of 1,746 active issues in Phase III of the Hybrid Market implementation.

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  • Dec
  • 14
  • 2006
  • 8:59 AM

Four more adds for today

By: Ray Pellecchia
File Under: NYSE

Sorry for the late notice, but just got word we're adding SE WI, DUK WI, LHO PRG and TOO.

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  • Dec
  • 14
  • 2006
  • 8:27 AM

Q&A: How are odd lots handled in the NYSE Hybrid Market?

By: Ray Pellecchia
File Under: NYSE

A reader notes that the HybridTalk Contact button is back in business, and puts it to good use.

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  • Dec
  • 13
  • 2006
  • 1:32 PM

Revised list of issues for Thursday

By: Ray Pellecchia
File Under: NYSE

We revised the list of issues to be activated tomorrow -- Thursday, Dec. 14 -- to eliminate a few names that were duplicated and a couple of other stocks that have come in or out. Apologies for any inconvenience this might have caused. Also: there will be no list of additions for Friday, Dec. 15, which is an expiration day. The rollout will resume on Monday, Dec. 18.

more »

  • Dec
  • 12
  • 2006
  • 3:48 PM

Another 354 issues on Dec. 14

By: Ray Pellecchia
File Under: NYSE

That will bring the total of active issues to 1,679.

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  • Dec
  • 12
  • 2006
  • 1:42 PM

NYSE Group to acquire TransactTools, leader in enterprise messaging

By: Ray Pellecchia
File Under: TransactTools

We continue to build out our technology aimed at helping customers connect to liquidity.

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  • Dec
  • 12
  • 2006
  • 11:35 AM

A tip of the fedora to welcome Red Hat

By: Ray Pellecchia
File Under: NYSE

Saw hundreds of people here wearing giveaway red hats this morning, and for every one of them, Red Hat is making a donation to One Laptop per Child, Red Hat's philanthropic partner, which is working to make and distribute laptop computers that are inexpensive enough to provide every child in the world access to knowledge and education.

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  • Dec
  • 11
  • 2006
  • 4:47 PM

You HybridTalkin' to me?

By: Ray Pellecchia
File Under: NYSE

The comment button at the top of the page is repaired, the e-mail updates are flowing, and it's only Monday.

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  • Dec
  • 11
  • 2006
  • 4:12 PM

Q&A: I want my, I want my LRPs

By: Ray Pellecchia
File Under: NYSE

A reader asks where to get up-to-the-minute values for Liquidity Replenishment Points.

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  • Dec
  • 11
  • 2006
  • 2:04 PM

Another 288 issues on Wednesday

By: Ray Pellecchia
File Under: NYSE

Plus, Red Hat Inc. (RHT) has been added to the list of issues being activated tomorrow, Tuesday, Dec. 12. It's Red Hat's first day of trading on NYSE upon transferring from Nasdaq.

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  • Dec
  • 11
  • 2006
  • 8:45 AM

NYSE-listed issues have world's lowest all-in trading costs: Elkins/McSherry

By: Ray Pellecchia
File Under: NYSE

The independent provider of transaction-cost analysis examined transaction costs at 60 different exchanges around the world, including data from more than 150 pension funds, investment managers, banks and brokerages compiled from more than 700 global managers and 1,000 brokers.

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  • Dec
  • 08
  • 2006
  • 4:18 PM

Addition of 247 issues will put Phase III over the 1,000-issue mark

By: Ray Pellecchia
File Under: NYSE

We're not done with the rollout by a long shot, but we're quickly approaching critical mass.

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  • Dec
  • 07
  • 2006
  • 10:55 AM

HybridTalk not talking

By: Ray Pellecchia
File Under: NYSE

Looks like we're experiencing problems with some incoming and outgoing messages. We're working on it, and here's what to do in the interim to keep current or send a question or a comment.

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  • Dec
  • 06
  • 2006
  • 10:02 AM

Q&A: When an LRP is triggered, where do the orders go, and for how long?

By: Ray Pellecchia
File Under: NYSE, NYSE

A reader asks what happens to orders when we reach a Liquidity Replenishment Point.

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  • Dec
  • 05
  • 2006
  • 1:15 PM

Another 131 issues on Thursday

By: Ray Pellecchia
File Under: NYSE

And this Thursday 51 years ago, Rosa Parks rides the bus into civil-rights history.

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  • Dec
  • 04
  • 2006
  • 12:09 PM

Adding 399 issues on Wednesday

By: Ray Pellecchia
File Under: NYSE

That's no typo -- 399 additions, bringing the total of active issues to 661. With the requisite SEC approvals now in hand, we're rolling out Phase III to larger groups of issues.

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  • Dec
  • 01
  • 2006
  • 4:01 PM

Higher transaction fee, lower cost?

By: Ray Pellecchia
File Under: NYSE

Transaction fees are just one component of overall trading costs for our customers.

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  • Dec
  • 01
  • 2006
  • 3:25 PM

With another filing approved, NYSE Hybrid Market is one step closer

By: Ray Pellecchia
File Under: NYSE, NYSE

With another approval in hand, we have just one step to go before being clear to activate much larger groups of stocks into Phase III of the Hybrid Market, culminating in all our listed issues being Hybridified.

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  • Dec
  • 01
  • 2006
  • 2:37 PM

Does more liquidity = larger trades?

By: Ray Pellecchia
File Under: NYSE, NYSE

A reader asks whether larger size at the best quoted price in Hybrid Market issues has led to larger trade size.

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  • Dec
  • 01
  • 2006
  • 11:44 AM

Q&A: Getting the best price -- or better

By: Ray Pellecchia
File Under: NYSE, NYSE

To sweep or not to sweep, that is this reader's question.

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