A maximum of 10 secs. If the specialist feels it should go back to electronic he can manually reset it.
Check out the Oct 03 Webinar or the NYSE site attached.
http://www.nyse.com/marketinfo/hybmarket/1126821290301.html
You are right Steve, once the stock hits its corresponding LRP the stock will go to slow mode for a maximum of 10 secs or until the specialist hits the GO key. Thats how the NYSE explained it on their webinar back in October.
EOP and AMX are going hybrid tomorrow 10/6/6. These will be the first 2 and the rest of the listed stocks will be rolloed out thru the rest of the year
This is incorrect. Your broker can not participate in this type of transaction. He is acting in the quality of an "agent" not a "principal therefore he gets commision and can not mark up the price unless disclosed.