NYSE Billable Question

Discussion in 'Order Execution' started by hhho, Feb 6, 2006.

  1. hhho


    hi guys, i hv a question to ask..

    will the specialist charge billable (1cent per share) if the order size is bigger than 5000 shares?
  2. I've never heard of that one and I have never been charged a billable fee on orders over 5 or 10,000 shares.
  3. MR.NBBO


    No size charge on NYSE. They only for over 5min on the book.

    Amex charges for anything over 2100 shares on most securities, .01 usually.