NYSE LiquidityQuote Live After SEC OK

EXCHANGE WATCH

The New York Stock Exchange (NYSE) went live last Friday with NYSE Liquidity Quote (NYLQ), following the Securities and Exchange Commission's (SEC) denial of Bloomberg's request to delay the launch of the service.

The order follows the SEC's action to grant Bloomberg's request for a two-week stay on May 20, one day before the NYSE LiquidityQuote (NYLQ) was originally due to launch (IMD, May 26).

The order denying the stay will not affect the rules on the dissemination and display of NYLQ data