NYSE Group, Inc. today announced that the U.S. Securities and Exchange Commission (SEC) recently issued final approval of several pending rule filings allowing for full Phase III implementation of the NYSE Hybrid MarketSM. The Exchange will begin immediate expansion of the rollout process to the complete list of NYSE-traded issues beginning with 399 securities on Dec. 6. Expected to conclude in early Jan. 2007, final Phase III rollout will mark the inclusion of all eligible NYSE listed issues available for trading in the Hybrid Market.
The Exchange will announce securities added during this process on the NYSE’s website as they enter the system.
Combining the market quality benefits of specialist and floor broker expertise with the speed and certainty of electronic executions, the NYSE Hybrid Market offers customers a new level of choice combined with the NYSE’s established, proven market structure that provides the world’s largest and most liquid marketplace.
For a detailed list of current Hybrid Market features, status reports and previously implemented phases, visit: http://www.nyse.com/hybrid and