Plus: an assessment of the penny pilot in options; and on this date in U.S. history, President George W. takes the reins (that's Washington, not Bush).
For those of you interested in price improvement and market quality (and isn't that just about everyone?), I would recommend listening to a couple of excerpts of yesterday's conference call about NYSE Group quarterly earnings. Plus: other links for April 27, 2007.
Links for April 23, 2007
Links for April 18, 2007, including: a professor says Reg. NMS will stifle competiton instead of promoting it; what do you think? Plus: bonds on the way; historical diversity at NYSE; and the first game played at Yankee Stadium on this date in 1923; guess who the Yanks beat?
Links for April 17, 2007. Plus, a little bit of this:
A: Come in.
M: Ah, is this the right room for an argument?
A: I told you once.
M: No you haven't.
A: Yes I have.
M: When?
A: Just now.
M: No you didn't.
A: Yes I did.
M: You didn't.
A: I did!
M: You didn't!
A: I'm telling you I did!
M: You did not!!
A: Oh, I'm sorry, just one moment. Is this a five minute argument or the full half hour?
M: Oh, just the five minutes.
A: Ah, thank you. Anyway, I did.
I can't imagine the mind-numbing exercise of printing the posts individually, much less reading all of my inane digressions and trivia. Oh hey, did I mention that Eastman Kodak was first listed on NYSE on this date in 1905?
See what I mean?
Why do some trades print outside the NBBO? Here are some possible scenarios.
Links for April 10, 2007, including a day with Bobby Ray.
NYSE-listed companies make strong showing on Wired magazine's 2007 Wired 40 list. Find out who they are.
NYSE can now automatically route to better-priced quotes at top of book at the International Securities Exchange and the NASD Alternative Display Facility.
What if the NYSE took a look outstanding shares or float, and share price as a determing factor on whether or not the issue will trade electronically?
Links for April 2, 2007. And happy birthday, Emmylou Harris.
