NYSE MKT
The world’s premiere equity and options trading venues
Since 1792, we have maintained our commitment to operating strong, transparent financial markets. As we've evolved and innovated, the NYSE has welcomed diverse new trading platforms to its ranks, that now include equities, exchange-traded products, options and fixed income. Our equity markets provide customers with leading technology, unique partnerships and value-added trading techniques from electronic to block to anonymous order executions – all done within our open, regulated exchange environment. Our options markets provide customers a choice of two distinct models that offer a combination of open outcry trading with advanced electronic capabilities.
- NYSE has the most market share with over 60% more liquidity than the next largest equities exchange
- #1 in the trading of Exchange Traded Products
- Opening and closing auctions with DMM support provide significant liquidity for small-cap companies and better manage times of market volatility
- Market leader for U.S. options in 2013
TRADING INFORMATION
Trading Hours
NYSE, NYSE MKT and NYSE MKT Options are open from Monday through Friday 9:30 a.m. to 4:00 p.m. ET. NYSE Arca is also open from 4:00 a.m. to 9:30 a.m. ET and 4:00 p.m. to 8:00 p.m. ET.
Holidays
NYSE, NYSE MKT, NYSE MKT Options, NYSE Arca, NYSE Arca Options, and NYSE Bonds will observe U.S. holidays as listed below. Although NYSE Arca follows the same holiday schedule as the NYSE, on days when the NYSE closes early, NYSE Arca hours may vary due to its extended trading day.
| 2013 | 2014 | |
| New Years Day | January 1 | January 1 |
| Martin Luther King, Jr. Day | January 21 | January 20 |
| Washington's Birthday | February 18 | February 17 |
| Good Friday | March 29 | April 18 |
| Memorial Day | May 27 | May 26 |
| Independence Day | July 4** | July 4** |
| Labor Day | September 2 | September 1 |
| Thanksgiving Day | November 28* | November 27* |
| Christmas | December 25*** | December 25*** |
Washington's Birthday was first declared a federal holiday by an 1879 act of Congress. The Monday Holiday Law, enacted in 1968, shifted the date of the commemoration of Washington's Birthday from February 22 to the third Monday in February, but neither that law nor any subsequent law changed the name of the holiday from Washington's Birthday to President's Day. Although the third Monday in February has become popularly known as President's Day, the NYSE's designation of Washington's Birthday as an Exchange holiday (Rule 51) follows the form of the federal holiday outlined above (section 6103(a) of title 5 of the United States Code).
*Each market will close early at 1:00 p.m. on Friday, November 29, 2013 and Friday, November 28, 2014 (the day after Thanksgiving). Crossing Session orders will be accepted beginning at 1:00 p.m. for continuous executions until 1:30 p.m. on these dates.
**Each market will close early at 1:00 p.m. on Wednesday, July 3, 2013 and Thursday, July 3, 2014. Crossing Session orders will be accepted beginning at 1:00 p.m. for continuous executions until 1:30 p.m. on this date.
***Each market will close early at 1:00 p.m. on Tuesday, December 24, 2013 and Wednesday, December 24, 2014. Crossing Session orders will be accepted beginning at 1:00 p.m. for continuous executions until 1:30 p.m. on this date.
Trading Fees
NYSE is uniquely positioned to offer choice, flexibility, and very competitive transaction fees to NYSE MKT Equities customers that access liquidity on our markets. Review the NYSE MKT Equities Price List for additional information about Equity Transaction Fees and Credits, Equipment Fees, Network B Fees and Listing Fees.
| Liquidity Indicator | Description | MKT Listed | Tape C | ETP |
|---|---|---|---|---|
| Executions on NYSE MKT | ||||
| 1 | Customer taking liquidity | $0.00280 | $0.0030 | $0.0029 |
| 1 | Floor Take | $0.00280 | $0.0030 | $0.0029 |
| 1 | SLP Take | $0.00280 | $0.0030 | $0.0029 |
| 1 | DMM Take | $0.00160 |
$0.0030
| $0.0029 |
| 2 | Customer Provide | $(0.0016) | $(0.0025) | $(0.0025) |
| 2 | Floor Provide | $(0.0016) | $(0.0025) | $(0.0025) |
| 2 | SLP Provide | $ (.0016/.0032) | $(0.0030) | $(0.0028) |
| 2 | DMM Provide | $ (.0042/.0045) | $(0.0040) | $(0.0030) |
| 2 4 | Block Provide - 2000 Shares Displayed | $(0.0035) | N/A | |
| 3 | Blended or Broker d-Quotes (except when providing) | $0.00050 | $0.0005 | $0.0005 |
| 4 | Prior Day GTC Orders | No Charge | N/A | N/A |
| 5 | Opening Executions | $0.0010 | N/A | N/A |
| 6 | Executions at the Close - Not MOC/LOC | No Charge | N/A | N/A |
| 7 | Charge for market at-the-close and limit at-the-close orders | $0.00850 | N/A | N/A |
| 8 | Retail Price Improvement Orders | $0.0000/ $0.0003 | $0.0000/ $0.0003 | $0.0000/ $0.0003 |
| 9 | Retail Orders from RMOs taking liquidity | $(0.0005) | $(0.0005) | $(0.0005) |
| NA | Agency transactions between floor brokers in the crowd or a broker cross | No Charge | N/A | N/A |
| NA | Retail orders that provide liquidity | $(0.0030) | $(0.0030) | $(0.0030) |
| Alpha | Routing fee (except floor brokers) | $0.00300 | $0.0030 | $0.0030 |
| Alpha | Routing fee (floor brokers) | $0.00290 | $0.0030 | $0.0030 |
| Sub Dollar Pricing on NYSE MKT* | ||||
| 1 | Taking liquidity | No Charge | No Charge | No Charge |
| 2 | Providing | No Charge | No Charge | No Charge |
| 2 | Floor Providing | No Charge | -0.10% | -0.10% |
| 3 | Blended or Broker d-Quotes (except when providing) | $0.0005 or 0.25% | 0.20% | 0.20% |
| 4 | Prior Day GTC Orders | No Charge | N/A | N/A |
| 5 | Opening Executions | No Charge | N/A | N/A |
| 6 | Executions at the Close - Not MOC/LOC | No Charge | N/A | N/A |
| 7 | Charge for market at-the-close and limit at-the-close orders | $0.00085 or 0.25% | N/A | N/A |
| Alpha | Routing fee | 0.30% of Value | 0.30% | 0.30% |
| *Rates in % are as a percent of trade value | ||||
| Alpha Codes | NYSE Fee | |||
| B | Boston | $0.0030 | $0.00290 | $0.00300 |
| C | National | $0.0030 | $0.00290 | $0.00300 |
| D | NASD | $0.0030 | $0.00290 | $0.00300 |
| I | ISE | $0.0030 | $0.00290 | $0.00300 |
| J | Direct Edge A | $0.0030 | $0.00290 | $0.00300 |
| K | Driect Edge X | $0.0030 | $0.00290 | $0.00300 |
| M | Chicago | $0.0030 | $0.00290 | $0.00300 |
| P | Arca | $0.0030 | $0.00290 | $0.00300 |
| T | Nasdaq | $0.0030 | $0.00290 | $0.00300 |
| W | CBOE | $0.0030 | $0.00290 | $0.00300 |
| X | Nasdaq PSX | $0.0030 | $0.00290 | $0.00300 |
| Y | BATS II | $0.0030 | $0.00290 | $0.00300 |
| Z | BATS | $0.0030 | $0.00290 | $0.00300 |
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