Saturday, May 9, 2009

NYSE

NYSE Trader

Four and Five Character Symbol Trading (Update)

01 May 2009

As a clarification to the earlier Trader Update regarding 4 and 5 character symbol trading on the NYSE, the VALE.P symbol will appear as follows in the following NYSE inputs and outputs:


CCG: VALE P
CTS and CQS High Speed Lines: VALE/P
Slow Speed Ticker: VALE.P
Post Trade Output: VALEP

 

Four and Five Character Symbol Trading

01 May 2009

On December 2, 2008, the NYSE announced that in accord with the November 2008 SEC decision to have uniform symbology across exchanges, the NYSE would offer firms the ability to test four and five-character symbols at the NYSE (see the December 2, 2008 Trader Update below). Effective Monday May 4, 2009, four symbols will trade on the NYSE as 4-character root symbols. Participants should ensure that their systems are prepared to handle these symbols.

more »

 

NYSE Amex Equity Transaction Price Reduction

02 Apr 2009

Effective April 1, 2009 the transaction fee applicable to NYSE floor brokers taking liquidity in NYSE Amex listed securities when routing via the hand held or BBSS will be $0.0020 per share.

The Exchange is modifying the 2009 NYSE Amex Price List to clarify that floor brokers are NOT charged a fee in connection with all agency cross trades.


 NYSE Amex Rule Filing 2009-08

 

New Database (SDBK): Implementation Update

27 Mar 2009

To update the March 18, 2009 Trader Update post, in response to firms’ concerns regarding changes implemented in the initial pilot stock of the Super Display Book (SDBK) deployment, the NYSE will be implementing software changes to reinstate the Cancel Replace to reduce message type into the SDBK environment. The linked Trading Technology Information Memo details the implementation of the order type. This software enhancement will be available for firms to test in the User Acceptance Test (UAT) environment shortly. 

Subsequent notification will be issued detailing the deployment of this software to additional pilot stocks. 

 Trading Technology Information Memo (March 27, 2009)
 Current SDBK Securities Rollout List

 

New Database (SDBK): Implementation Update

18 Mar 2009

To update the March 11, 2009 Trader Update post, NYSE Euronext successfully deployed its new Super Display Book (SDBK) database in production on Monday, March 16, 2009 in the stock Par Technologies Corporation (NYSE Listed: PTC) and confirmed processing through the comparison, clearing and settlement systems.

 

Decommissioning of CMS Update

13 Mar 2009

As previously communicated in prior client notices, the NYSE has completed its transition of Cash Equity order flow from CMS to CCG. Additionally, with the successful migration of NYSE Amex Options to the NYSE Arca trading platform, CMS will no longer be used for Options order flow. Effective start of business Monday, March 23, 2009 all CMS connections currently enabled for order flow will be decommissioned. Firms should ensure that their job streams are updated to reflect these changes and that their systems are not impacted.

For any questions, please contact your RM or our Service Desk at 1.866.873.7422.

 

 

 

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