nyse raised there fee's yesterday

That's how I read it also. Looks like you will be able to leave orders on the book over 5 minutes now without incurring the specialists fees.

 

Vowel transposition and hemophilia are classic trademarks of the heavily inbred blue-blood families...

 

after all the oil companies consolidated, look how cheap gas is now!

 

This would be a Big Deal... where is this documented?

 

The news release announcing the changes is posted here:
http://www.nyse.com/press/1164799108034.html

Full disclosure: I run NYSE's HybridTalk blog, which also posted news of the fee changes and has received some comments, here:
http://hybridtalk.nyse.com/archives/2006/11/eliminate_fee.php

 

I just want to thank Ray for joining in, and for all the help with the NYSE blog. His efforts have been very well received by all Bright Traders (and I'm sure everyone else).

No Specialist fees...."yea" "yea"....

Now, give us your best shot on when the other shoe will fall to offset all this (and in what form). I truly believe that there will likely be some other revenue stream for NYSE group, I'm just wondering what form it might take. If it's only the 2.5 cents per hundred charge, that would be wonderful (doubtful, but wonderful, LOL)..

Thanks again for everything!

Don

 

maybe it'll take the form of incredibly well timed outages

 

Don, thanks for the kind welcome. Just figured I'd answer a question I came across here. And on your question, sorry, but if I speculated on a forward-looking statement like that, however informally, I'd be in a whole lotta hot water.



And Avid Consumer, ouch! I'd stack NYSE's uptime against anyone's, but I know there's never a good time for a glitch, and even one problem is one too many. Sorry!