NYSE Opens the Book Wider

EXCHANGE WATCH

The New York Stock Exchange (NYSE) is developing an enhancement to its quote display systems, informally called "Depth Quote," that will show market participants actionable live stock quotes from the complete limit order book, broker-displayed orders and specialist orders. The program will launch this fall, says Robert Britz, president of the exchange.

Depth Quote is an expansion of OpenBook, which only shows the aggregated limit-order volume at each price point. The infrastructure developed

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