NYSEC (guest)
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| 07/23/2007 9:24 AM |
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On July 1st - the ITS trading system was offically abolished. However- there was always one part of ITS that was always useful to traders and that was the strict Price Indicator Price Rules (Not a NYSE Rule). Now these Indicators are no longer required by the NYSE and thus it makes it very difficult to gauge the opening print in a NYSE stock. The NYSE does have rules for price indications (123D) but they are not very strict (you maybe only get 3-5 per opening).
Will the NYSE tighten up these rules so that they are close to the old ITS indicators or will they do something to allow traders a better indication as to where a stock might open?
It seems strange in this day and age to give investors "less" but that is exactly what the NYSE has done in relation to price indicators........
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Ariel
Posts:163
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| 07/23/2007 9:56 AM |
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| So far no decision has been made by senior management, we are currently evaluating options on what we can offer now that the ITS indications have gone away. |
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NYSEC (guest)
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| 07/23/2007 10:55 AM |
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Thanks for the reply - I will check back in about a month to see if anything has changed.
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mike (guest)
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Ariel
Posts:163
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| 10/03/2007 10:26 AM |
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| We will be sending out NYSE Pre-Opening indications on the Alerts feed sometime in November. An announcement will go out when when he an exact date |
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T (guest)
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| 11/15/2007 12:41 PM |
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| When are we going to start seeing pre-opening indications? |
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Chicago (guest)
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| 11/16/2007 3:45 PM |
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| I saw the last post in October, where can we find when this will be available. Somwhere on the website? |
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Remi
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| 11/20/2007 8:58 AM |
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Hello Ariel,
Where would I be able to find the annoucement on NYSE Pre-opening indications when they roll out again this month? Thank You! |
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Ariel
Posts:163
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| 12/19/2007 2:18 PM |
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| Remi, unfortunately our systems have been ready to disseminate the NYSE Pre-Opening indications since mid November however we are still awaiting SEC approval to begin disseminating the data. No announcement has been posted yet on when we can send out the data. |
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