- 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.
Transaction growth across the board and across the Atlantic. Plus: numerical trivia, weekend edition.
I have no idea what he'll be asked, but recently in these sessions he has talked about what's ahead not only for the New York trading floor but for the whole NYSE Euronext enterprise.
Morituri te salutamus.
Leave it to Art Cashin -- a classic himself -- to come up with a classic reference in a historical language. Not up on your Latin? Translation and some Crash of 1987 reflections after the jump.
I'm sure you're shocked -- shocked! -- to see that trading volume on NYSE Euronext markets climbed to record levels again in August. Here's our news release on the subject. If you *are* surprised, you really oughtta call in more when you're on vacation.
Plus: bonus quiz -- who said the following?
"Nobody ever lost money taking a profit."
"If all you have is a hammer, everything looks like a nail."
"Never follow the crowd."
Read on for the answer.
Incentive-based pay for specialists; Liffe's new Guardian; commissions drop; more frequent short-interest reporting; hubris on Wall Street (on Wall Street? I'm shocked -- shocked!); skyrocketing data-message traffic; new ETFs; and on the historical-trivia front: first in film; welcome, Phone; and Abbie Hoffman pays us a visit.
More, more, more. Just call me the Andrea True Connection.
On second thought, forget I said that. Thanks.
"The European exchanges run by transatlantic bourse operator NYSE Euronext had their busiest day ever on Friday, as markets first fell then, in the wake of a U.S. Federal Reserve discount rate cut, sharply recovered."
Links for 9 August, 2007. Among them: results of the Traders Magazine survey about the NYSE Hybrid Market; NYSE Euronext trading volume grows across the markets; NYSE Bonds enlists market makers; NYSE lists 40 Chinese companies valued at $1 trillion total; and the world's most famous market may be at 11 Wall St., but it's not the world's biggest. Plus: happy birthday, John Dryden.
Links for 25 July 2007: SEC approves "upstairs" capabilities for NYSE floor brokers; new exceptions to NMS rules; NYSE MatchPoint to debut; Liffe plan puts traders at odds; Tony Soprano's management lessons. Plus, on this day in rock history: Dylan shocks 'em at Newport.