Battle Intensifies Among US Exchanges

Terzo, Gerelyn
July 2006
Investment Dealers' Digest;7/10/2006, Vol. 72 Issue 27, p4
Trade Publication
The article discusses on the move of the New York Stock Exchange (NYSE) department to create alterations in the stock exchange trading processes. The proposal changed the pricing in each exchange and is believed to make trading competition more responsive. It can also enhance aggressive marketing effort and avoid cancellation of fees. In addition, the NYSE modifications are also in preparation for the planned alteration of the stocks pricing scheme next year.


Related Articles

  • Seasonal Variations in the U.S. Stock Market Returns: 1927-1984. Chaudhury, M. M. // Review of Quantitative Finance & Accounting;1994, Vol. 4 Issue 4, p321 

    When the seasonal components of the monthly returns as opposed to the returns themselves, are examined over the 1927-1984 period, the Standard & Poor's 500 Composite Index (S&P 500) and the Center for Research in Security Prices (CRSP) value-weighted portfolio exhibit significant seasonality....

  • Dealing with Market Corrections. Selengut, Steve // Risk Management (00355593);Dec2005, Vol. 52 Issue 12, p48 

    The article presents a list of things to do and/or to think about doing during market corrections of any magnitude: One's present asset allocation should be tuned into his goals and objectives. He should resist the urge to decrease his equity allocation because he expects a further fall in stock...

  • Nasdaq's profit pinch. Elstein, Aaron // Crain's New York Business;5/2/2005, Vol. 21 Issue 18, p3 

    This article reports that Nasdaq Stock Market Inc. provides one of Wall Street's best turnaround stories. Two years after it posted a $114 million loss and retreated from money-losing ventures in Europe and Japan, the stock market has regained its bearings. In a major coup, last month it...

  • Prospects Improve for Seat Prices on NYSE. Chapman, Peter // Traders Magazine;Mar2005, Vol. 18 Issue 236, p18 

    This article presents information related to prospects of seat prices which improve for New York Stock Exchange (NYSE). The cost of a Big Board seat appears to be rebounding. Yet, the rate to lease a seat is still depressed after three years of decline. Observers say there is an explanation for...

  • STOCK EXCHANGE'S HOT SEATS.  // Crain's New York Business;11/7/2005, Vol. 21 Issue 45, p3 

    This article reports that New York Stock Exchange's seats are selling for record prices which is a clear sign that investors believe that the coming transformation to a publicly held company will result in a strong exchange.

  • An Examination of Changes in Specialists' Posted Price Schedules. Kavajecz, Kenneth A.; Odders-White, Elizabeth R. // Review of Financial Studies;Fall2001, Vol. 14 Issue 3, p681 

    New York Stock Exchange specialists disseminate information to market participants by displaying price schedules consisting of bid prices, ask prices, bid depths, and ask depths. We examine how specialists update these price schedules in a simultaneous equations model. We find that changes in...

  • Price Reversals, Bid-Ask Spreads, and Market Efficiency. Atkins, Allen B.; Dyl, Edward A. // Journal of Financial & Quantitative Analysis;Dec90, Vol. 25 Issue 4, p535 

    We examine the behavior of common stock prices after a large change in price occurs during a single trading day and find evidence that the stock market appears to have overreacted, especially in the case of price declines; however, the magnitude of the overreaction is small compared to the...

  • Seat prices perking up at NYSE. Kelly, Bruce // Crain's New York Business;3/7/2005, Vol. 21 Issue 10, p44 

    The article reports that the price of a seat on the New York Stock Exchange (NYSE) hit and held high ground last week as of March 16, 2005, rebounding sharply over lows set in January. An NYSE seat sold for $1.5 million, and another sold for the same price. Seat prices had dropped to $975,000...

  • Price Discovery on the NYSE and the NASDAQ: The Case of Overnight and Daytime News Releases. Greene, Jason T.; Watts, Susan G. // FM: The Journal of the Financial Management Association;Spring96, Vol. 25 Issue 1, p112 

    The article discusses a research that provides empirical evidence on the extent and duration of possible mispricing around earnings announcements made during trading hours and during the overnight period of no trading on the New York Stocks Exchange (NYSE) and NASDAQ. There are several reasons...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics