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  • Apr
  • 23
  • 2008
  • 9:33 AM

Reminder: Today is Day 1 for NYSE Pilot for Electronic Reserve Orders.

By: Ray Pellecchia
File Under: NYSE

Plus: everyone in the business knows what a CUSIP number is, but do you know what the letters CUSIP stand for?

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  • Apr
  • 22
  • 2008
  • 9:15 PM

LaBranche on Upcoming Changes in Market Structure and Regulation

By: Ray Pellecchia
File Under: NYSE

["There] are current proposals in Washington to really get the traditional cash specialist business more in line with the current market structure."

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  • Apr
  • 22
  • 2008
  • 8:47 PM

NYSE Arca Announces New Pricing for NYSE-Listed Issues

By: Ray Pellecchia
File Under: NYSE, NYSE Arca

Mid-Point Passive Liquidity orders offer price improvement, better fill rates and now, attractive rebates for active customers.

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  • Apr
  • 22
  • 2008
  • 8:05 PM

XBRLater Than Announced

By: Ray Pellecchia
File Under:

But when it comes, "it will be like poetry reading the K's and Q's of companies," says Cate Long.

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  • Apr
  • 21
  • 2008
  • 9:42 AM

Pilot for Electronic Reserve Orders Starts Wednesday at NYSE

By: Ray Pellecchia
File Under: NYSE

I'd be curious to hear any user experiences with the new order type. The comment box is open to you, as always.

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  • Apr
  • 18
  • 2008
  • 3:33 PM

SEC Chairman Christopher Cox Joins SEC's First-Ever Blogger Call

By: Ray Pellecchia
File Under: Miscellaneous

Apologies for multiple XBRL-related posts in one day, but your no-longer-quite-so-humble blogger was honored to be invited on the SEC's conference call this afternoon with a dozen bloggers about interactive data reporting, ahead of Monday's expected action by the Commission on this more-accessible type of financial disclosure.

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  • Apr
  • 18
  • 2008
  • 10:51 AM

XBRL and Meg Ryan

By: Ray Pellecchia
File Under: Miscellaneous

On Monday, the SEC is scheduled to decide on its plans for any requirements and timeline for public companies to file their financial statements in an interactive data format.

What that has to do with Meg Ryan, you'll have to click through to see.

more »

  • Apr
  • 14
  • 2008
  • 10:06 AM

Delayed-Opening Industry Test to be Held on 7 June, 2008

By: Ray Pellecchia
File Under: NYSE, NYSE Arca

Plus, to lift the heart a bit on a Monday morning: the sun lifts the rain in veils of mist, and a photographer in my town captures it.

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  • Apr
  • 11
  • 2008
  • 8:45 AM

CAP Orders to be Replaced with Better Capabilities for Floor Brokers

By: Ray Pellecchia
File Under: NYSE

We're obviously continuing to work to put more value-added in the hands (and the hand-helds!) of floor brokers.

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  • Apr
  • 11
  • 2008
  • 6:19 AM

Some Helpful (I Hope!) Conversation About Reserve Orders

By: Ray Pellecchia
File Under: NYSE

Plus, a word of appreciation for Exchanges readers: thank you for not threatening to punch me in the face.

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  • Apr
  • 10
  • 2008
  • 7:56 AM

'We just don't think all electronic all the time is the right answer.'

By: Ray Pellecchia
File Under: NYSE

That's my boss talking to Nightly Business Report's Susie Gharib about NYSE.

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  • Apr
  • 09
  • 2008
  • 7:12 PM

Duncan on NBR tonight

By: Ray Pellecchia
File Under: Miscellaneous

Interviewer Susie Gharib says: "The word 'authentic' has been overused lately. But it’s about the best word I can come up with to describe the CEO of the New York Stock Exchange..."

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  • Apr
  • 09
  • 2008
  • 5:27 PM

Buyside decries fragmentation...

By: Ray Pellecchia
File Under: MatchPoint, NYSE, NYSE Arca

...and says better connectivity between dark pools and exchanges is the best solution. Which is exactly what we're trying to do.

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  • Apr
  • 09
  • 2008
  • 12:11 PM

Market color, insight, judgment and experience, a phone call away

By: Ray Pellecchia
File Under: NYSE

During a sample week, there were 2,518 outgoing calls and 960 incoming calls to portable phones on our trading floor, not to mention calls to and from the brokers' booths. I am of course not privy to these phone conversations, but I know that nobody on an upstairs desk is calling down to our trading floor -- or taking calls from the floor -- to talk about the weather.

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  • Apr
  • 04
  • 2008
  • 12:12 PM

NYX Business Summary for March

By: Ray Pellecchia
File Under: Liffe derivatives, NYSE, NYSE Arca

Transaction growth across the board and across the Atlantic. Plus: numerical trivia, weekend edition.

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  • Apr
  • 02
  • 2008
  • 4:36 PM

Marking World Autism Awareness Day

By: Ray Pellecchia
File Under: Miscellaneous

I had no idea how widespread this neurological disorder was until I had the honor of meeting Bob and walking him around the trading floor. I remember being surprised at how many members and others on our trading floor -- literally, dozens -- went out of their way to talk with Bob and share how autism had touched their lives and those of friends and family members.

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  • Apr
  • 02
  • 2008
  • 3:02 PM

My Spammers Say the Nicest Things

By: Ray Pellecchia
File Under: Miscellaneous

Either that, or this blog really is cool, fantastic, cute, super, brilliant and perfect.

more »

  • Apr
  • 01
  • 2008
  • 2:56 PM

An Uptick in Arguments About the 'Uptick Rule'

By: Ray Pellecchia
File Under: NYSE

"After years of academic research suggested that the rule was hindering trading without protecting prices, regulators eliminated the rule last summer, giving a green light to those eager to sell a stock short, even as it was falling.

"Some argue that the move unleashed a new era of volatility..."

more »

  • Apr
  • 01
  • 2008
  • 2:14 PM

New NYSE Circuit-Breaker Levels

By: Ray Pellecchia
File Under: NYSE

Plus, in the historical-trivia department: the go-go years top the Great Crash.

more »