NYSE specialist fee

Discussion in 'Order Execution' started by sectrader, Oct 5, 2006.

  1. NYSE specialist fees go down?
    I had seen some brokerages that had increased NYSE transaction prices or had fees for NYSE GTC orders.
    But look like new NYSE fees are not that expensive:
    Transaction fees on NYSE-listed equities will be based on a fixed rate of 0.00025 per share rather than the current variable fee schedule.
    And this prices effective Aug. 1.
    See press release:
    Do you think that transactions and surcharges might go down?
    NYSE fee is just 2.5c per 100 shares.