NYSE wants to revive its volatility curbs

06/2/2013 | Reuters

In preparation for Securities and Exchange Commission market-wide rules regulating volatile movements in stock prices, NYSE Euronext removed its own volatility curbing mechanisms. After several stocks experienced unintended sharp moves in recent weeks during times when the SEC's policy was not yet active, NYSE Euronext asked the SEC for permission to reinstate its own curbs. It would "benefit investors, issuers, and market stability by offering an additional layer of protection during the periods currently not covered by" the SEC, according to the exchange. Trading Systems is just one of the specialized tracks you can choose for SIFMA Tech 2013, June 18-19 in New York City. Register today.

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