On Tuesday, Company NYSE Group Inc. has informed that the Commission under securities and exchanges has approved the plan of full-scale expansion of hybrid system of the trade, i.e. the trade with use of electronic and traditional system.
Practically all the shares having listing at the New York stock exchange (NYSE) will be introduced to system of the electronic trade to the beginning of January 2007. Now shares of 262 companies bargain both in electronic system, and during the regular auction trade. NYSE Group Inc. has informed, that shares of 399 companies will be added in system of the electronic trade first. Then the system will replenish with securities of more than 131 companies.
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