Free Site Registration

The Next NYSE Liquidity Plan

Traders Magazine, December 2003

Gregory Bresiger

The New York Stock Exchange is seeking Securities and Exchange Commission approval on a plan that could bring much needed vitality to its LiquidityQuote. The exchange wants to make stocks in the S&P 100 and the financial sector components of the S&P eligible for participation in this institutional product. At the same time, the NYSE wants to commence a six-month pilot program under which a LiquidityQuote published for at least 15 seconds could be accessed by an InstitutionalXpress order - without specialist or crowd intervention.

Copyright 2004 Thomson Media Inc. All Rights Reserved. http://www.thomsonmedia.com http://www.tradersmagazine.com

Get access to this article and thousands more...

All TradersMagazine.com articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, online technology directory, the iPad App, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our e-newsletters covering the latest breaking news, opinions from industry leaders, developing trends and trading strategies.

Already Registered?