• Sep
  • 26
  • 2007
  • 2:00 PM

NYSE Arca's pricing advantage for trading Nasdaq stocks

By: Ray Pellecchia
File Under: NYSE Arca

Following up on:

1) recent news about pricing on NYSE and NYSE Arca, plus

2) the recent study showing NYSE Arca's price and speed superiority in trading Nasdaq stocks,

here's a comparison of NYSE Arca fees for Tape C (Nasdaq) stocks vs. those other guys. OK, no mystery as to who wins, but we're just saying.

That's all I've got at the moment. Except for some trivia from a trivial mind, of course.

Today in NYSE History:
26 Sept. 1955 -- A wave of selling hit the NYSE on the Monday following President Dwight Eisenhower's heart attack. Both the president and the market recovered.

On This Day in rock history (NYTimes.com):
1969 -- The album "Abbey Road" by the Beatles was released.
My favorite lyric from the album is the little ditty tacked on the end, "Her Majesty."

Her Majesty's a pretty nice girl, but she doesn't have a lot to say.
Her Majesty's a pretty nice girl, but she changes from day to day.
I wanna tell her that I love her a lot, but I've gotta get a belly full of wine.
Her Majesty's a pretty nice girl, someday I'm gonna make her mine, oh yeah.
Someday I'm gonna make her mine.

If you have a favorite song or lyric from Abbey Road, feel free to lob it in.

Quote of the Day: This might not be exact, as I wasn't taking notes, as I was busy punching a pillow after the Yankees last night blew a would-be-playoff-clinching game they had been leading by 5-0. This is from Yankee reliever Brian Bruney, who I like but has been having a very rough year. Bruney was interviewed after the game, in which he gave up the lead by surrendering a grand slam to journeyman Devil Ray Jorge Velandia, a lifelong .184 hitter who had no previous home runs in his 207 at-bats this year.

"Today I really pitched like crap, and I've just gotta go out and do it again tomorrow."

That made me quit punching the pillow and fall down laughing. I know what he meant, but that's not the way it came out.

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