11/04/2019, 12:21 NYSE American - Functionality Changes Subject to effectiveness of a rule filing with the SEC, NYSE American will make the following functional changes on November 18, 2019. Elimination of Delay Mechanism NYSE American will eliminate its 350-microsecond delay mechanism that is currently applied to order entry, proprietary market data publication, and outbound routing activity. Addition of Order Types NYSE American will introduce the following order types and modifiers. Order Types ALO Day ISO Day ISO ALO MPL ALO - including both MTS and Minimum Fill modifiers Modifiers Non-Display Remove Modifier will be available for the following order types: Non-Routable Limit Orders, including Reserve Non-Displayed Limit Orders MPL designated Day MPL ALO As previously announced, NYSE American also proposes to eliminate Limit IOC Cross Orders. NYSE Pillar Landing Page Additional information is also available at http://nyse.com/Pillar Trading Support: 212-896-2830 tradingex@nyse.com Relationship Managers: 855-898-9012 rmteam@nyse.com
For most traders, 350 microsecond didn't really level the playing field at all. I'm not quite sure what you mean by "pace" of the FX realm, unless you mean FX futures, but that's just futures in general.