• Oct
  • 12
  • 2006
  • 2:14 PM

Another issue goes Hybrid tomorrow

By: Ray Pellecchia
File Under: NYSE

On Friday, Oct. 12, another issues will join the 23 already in Phase III of the NYSE Hybrid Market. Bear Wagner Specialists will have its first Phase III stock: EMC Corp. (symbol EMC).

The link to the latest names is here.

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Comments

I gather that LU (Lucent) should also be on the activation list, http://www.nyse.com/pdfs/hm_activation.pdf, but I don't see it there. Is this an oversight, or has Lucent's status on the Hybrid platform changed?

Thanks

by John Jacobs on October 13, 2006 9:00 AM

John -- Lucent was our original pilot stock for some of the Phase III features and functions, and that status remains unchanged, until it formally joins Phase III later this month (date to be announced).

Trading in Lucent currently does not have some of the "full" Phase III features, including sweeps, LRPs, no Discretionary e-Quotes and auto-routing. Lucent will pick up those features when it joins Phase III.

Thanks again for writing, John.

by Ray Pellecchia on October 17, 2006 8:42 AM

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