SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Final Frontier - Online Remote Trading

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: TFF9/15/2006 3:01:01 PM
   of 12617
 
NYSE plans rebates on electronic platform

By Anuj Gangahar in New York

The NYSE Group is to revamp its fees for the second time since July, offering rebates to investors who route orders in NYSE-listed stocks through its Arca electronic platform, as it prepares for the launch of its hybrid market next month. It expects a surge in electronic trading following the start of the new system and wants to ensure it is appropriately rewarded for the extra volume.

NYSE Arca NYSE - Listed (Tape A) Pricing Change

Effective October 1, 2006, NYSE Arca will implement a new fee schedule for NYSE Arca Listed Tape A equities (excluding ETFs):

$0.002 per share credit for orders residing in the NYSE Arca Book that execute against inbound marketable orders

$0.003 per share charge for orders that take liquidity from the NYSE Arca Book

$0.001 per share charge for orders routed outside the NYSE Arca Book

The new fee schedule is pending SEC Approval. For additional information, please contact your NYSE Arca Sales Representative.

©Copyright 2006 NYSE Arca.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext