NYSE LiquidityQuote ("NYLQ") is a firm, two-sided, real-time quote that reflects market depth beyond the best bid or offer. NYLQSM will show at a single price the cumulative number of shares bid or offered on the limit-order book, in the trading-floor "crowd" and by the specialist as principal.
NYLQ was developed to allow investors and market professionals to find the market "size" and depth that has become more critical since the introduction of decimal increments and penny spreads.
NYLQ will be disseminated in addition to the currently available best bid and offer via market-data vendors. NYLQ can be accessed electronically or through a broker at the point of sale and is Institutional XPressSM eligible.
For more information on NYSE LiquidityQuote go to www.nysedata.com/liquidity.
