Did anyone else happen to see the interview with John Thain on the floor of the nyse a little after 3:00 today (on CNBC). Thain mentioned that the nyse has proposed some changes to the hybrid to get the specialists more involved. He said that the changes are with the sec right now. Anyone know what those changes are? -Guru
It sounded to me that the specialists arn't real happy with hybrid so the nyse is proposing changes to get them more involved. If thats the case I would think this would be a good thing (ie more liquidity, price improvement, etc)... -Guru