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NYSE news - to introduce new volatility procedures starting Monday

The New York Stock Exchange will change its opening procedures on Monday

  • The new procedures eliminates "Rule 48," which allows market makers to delay opening a stock when markets are volatile
  • All indications will now be published to both proprietary and other feeds under all market conditions
  • The U.S. Securities and Exchange Commission had approved the changes in early July

Reuters have more details

Also:

  • Trading will be moved inside when it rains or snows (OK, I made that one up)

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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