Market regulation · 12/04/2011

NYSE Arca Extends Pilot Program for Clearly Erroneous Executions

NYSE Arca, Inc. has filed a proposed rule change to extend the pilot program for clearly erroneous executions until the earlier of August 11, 2011, or the date a limit up/down mechanism addresses extraordinary market volatility. The proposed rule change aims to address market volatility and ensure fair trading practices.