NYSE Offers Users MISU: A New Reporting Policy

ADMINISTRATION & CUSTOMER SERVICE

NEW YORK--A new policy from the New York Stock Exchange (NYSE) makes it the first exchange to make "one user, one fee" a reality for its data subscribers. NYSE has long supported a policy of allowing firms to pay for a user only once. However, NYSE's new Multiple Installation of Single Units (MISU) reporting policy provides a way for end users to incorporate duplicate NYSE accesses via vendor permissioned terminals. The new policy was first announced at a meeting of the Information Industry