NYSE goes live with OpenBook market data

The New York Stock Exchange is set to go live with OpenBook, a new service which provides off-floor market participants with a view of the disclosed buy and sell interest in all of NYSE-traded securities beyond the best bid and offer.

  0 Be the first to comment

NYSE goes live with OpenBook market data

Editorial

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

Designed to increase the transparency of the NYSE market, NYSE OpenBook enables market professionals to see aggregate limit-order volume for all NYSE-traded securities at every bid and price outside the displayed NYSE quote.

Robert Britz, NYSE president and co-chief operating officer, comments: "NYSE OpenBook breaks new ground by enabling off-floor market participants to gauge the depth of NYSE limit-order books, essentially bringing the point-of-sale to traders' desktops."

The service will be provided via an electronic data feed to market data vendors, broker dealers and other investment professionals.

Sponsored [New Report] The Future of Payments in Major Global Markets: A Mid-Decade Review[New Report] The Future of Payments in Major Global Markets: A Mid-Decade Review

Comments: (0)

[New Report] The Future of Payments in Major Global Markets: A Mid-Decade ReviewFinextra Promoted[New Report] The Future of Payments in Major Global Markets: A Mid-Decade Review[New Report] The Future of Payments in Major Global Markets: A Mid-Decade Review