NYSE rule changes

daytr8r · Dec 16, 2002

I've heard a rumor going around that there are going to be some significant NYSE rule changes that will affect traders. I haven't heard anything, but if anyone can shed some light to this subject I would really appreciate it.

C Robinson · Dec 16, 2002

do you know if they were suppose to be positive changes???

vladiator · Dec 16, 2002

Quote from C Robinson:

do you know if they were suppose to be positive changes???

Hehehehe. What d'ya think?

C Robinson · Dec 16, 2002

i hate to think.

daytr8r · Dec 16, 2002

All I heard was that there were going to be some new rules implemented in the new year that will negatively affect traders trading NYSE stocks. Wish I new more.

C Robinson · Dec 16, 2002

i know...they are going to .0001 increments. tighten up those spreads for the little guy.

rtharp · Dec 16, 2002

Heard NX is being turned off if spread more than .05

axeman · Dec 16, 2002

Yeah...those poor poor SPECS need all the help
they can get! NOT!!!

peace

axeman

Quote from rtharp:

Heard NX is being turned off if spread more than .05

daytr8r · Dec 16, 2002

that would really suck if that was true about nx.

bungrider · Dec 16, 2002

Quote from rtharp:

Heard NX is being turned off if spread more than .05

that's no surprise

they turn it off whenever they like anyway

seems to me to be a good thing if they are making some rules so you can predict when the bastard disabled it

...this way you can plan ahead for it instead of finding out the hard way