NYSE watershed: End of seat system at hand

April 2014
Fierce Finance IT;4/21/2014, p231
No abstract available.


Related Articles

  • There's No Time Like the Right Time. Sloan, Allan // Newsweek;5/22/2006, Vol. 147 Issue 21, p18 

    This article discusses a resurgence of the New York Stock Exchange (NYSE). In 2004 the member-owned NYSE seemed like such a hopeless mess that one of its seats changed hands for the lowest price in a decade. Now each NYSE seat has been transformed into a package worth about $6 million, most of...

  • Is the Specialist System Doomed? Watkins, Steve // Traders Magazine;Nov2003, Vol. 16 Issue 218, p32 

    Discusses the prospects of the specialist system of the New York Stock Exchange (NYSE). Drop in seat value; Critics' call for a radical overhaul of the NYSE specialist system; Critics' demands for faster executions and the elimination of barriers to outside competition.

  • NYSE seating arrangement set to change. Wipperfurth, Heike // Crain's New York Business;09/25/2000, Vol. 16 Issue 39, p3 

    Reports that the price of membership of the New York Stock Exchange (NYSE) is expected to decline. Reduction of demand in the wake of mergers among New York City stockbrokerages; Debate on what to do with the bourse's specialist system; Price of lease to an NYSE seat.

  • Trading Up. Gordon, John Steele // American Heritage;Sep2005, Vol. 56 Issue 4, p12 

    The article reports that the New York Stock Exchange (NYSE) plans to modernize by merging with a new competitor. In April of this year, the NYSE announced that it was going to merge with Archipelago LLC, keeping the name New York Stock Exchange and making its seat holders shareholders with 70...

  • NYSE merger gaining steam. Elstein, Aaron // Crain's Chicago Business;10/10/2005, Vol. 28 Issue 41, p18 

    This article focuses on an announcement made by the New York Stock Exchange (NYSE), six months ago, for a $6-billion merger with Chicago, Illinois-based Archipelago Holdings Inc. The price of NYSE's memberships has nearly doubled since the deal was announced. Though former NYSE director Kenneth...

  • Buyside Wants Better 'Express' Service. Bresiger, Gregory // Traders Magazine;Sep2001, Vol. 14 Issue 187, p14 

    Reports on the proposed reform to the New York Stock Exchange's (NYSE) XPress system. Concerns expressed by the NYSE members about the system.

  • The Bell Tolls for the Big Board. Kirkpatrick, David D. // New York;10/04/99, Vol. 32 Issue 38, p38 

    Reports on the concern of the New York Stock Exchange (NYSE) over the fast-growing electronic `alternative trading systems.' Status of NYSE as of October 1999; Plans of NYSE; Comments from NYSE Chairman Richard A. Grasso.

  • NYSE merger a done deal. Elstein, Aaron // Crain's New York Business;10/3/2005, Vol. 21 Issue 40, p3 

    The article discusses the impact of a $6 billion merger plan of the New York Stock Exchange (NYSE) with Archipelago Holdings Inc. The price of exchange memberships has nearly doubled since the deal was announced, meaning that David Corcoran, president of discount brokerage firm York Securities...

  • NYSE's Pricey Real Estate. Tunick, Britt // Investment Dealers' Digest;7/22/2002, Vol. 68 Issue 29, p9 

    Focuses on the seat prices of stocks in the New York Stock Exchange (NYSE). Prices for real estate stocks; Views of Paul Liang, managing member for PBL Partners LLC on the monopoly of NYSE; Popularity of seat ownership.

  • Trading scandal is affecting seat prices at NYSE. Keegan, Jeffrey // Investment Dealers' Digest;07/20/98, Vol. 64 Issue 29, p8 

    Focuses on the impact of the an investigation into the trading practices of the New York Stock Exchange (NYSE) on seat prices. Factors surrounding the investigation; Sale of a NYSE seat for $2 million; Objectives of the Securities and Exchange Commission; Outcome of the investigations.


Read the Article

Courtesy of

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

Try another library?
Sign out of this library

Other Topics