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No, the NYSE specialist info is two weeks old ... apparently they haven't got computers down there at NYSE or the SEC is in bed with the specialists to withhold information from the public.
The NYSE stinks . . . and as John Reed, interim Chairman said recently, the members want him to "spray some perfume and go away" . . .
For those who use Exchange computed indices, indicators(TICK, TICKI and many others), ask yourself whether the Exchanges hold this information real-time for their members and release it on a delayed basis to outside traders, market data providers etc . . any feedback thoughts welcome. As Earl points out, NYSE still uses humans where a computer does a much faster, better job . . . so their members can continue to milk investors/traders.
The Business Review (Albany) - October 14, 2003http://albany.bizjournals.com/albany/stories/2003/10/13/daily16.html
LATEST NEWS
October 14, 2003
State comptroller praises interim NYSE chairman
Eric Durr
The Business Review
New York Stock Exchange Interim Chairman John Reed is off to a good start with the nation's public institutional investors.
State Comptroller Alan Hevesi and other state treasurers and comptrollers praised Reed following an hour and 45 minute meeting in Manhattan on Oct. 14.
"John Reed intends to be a reformer. He understands the need for change," Hevesi said.
"A program of institutional change will be recommended by John Reed to the community of the stock exchange and fairly quickly," Hevesi said following the meeting. "He indicated his time frame to go to the exchange with this program by the middle of November."
The members of the National Association of State Treasurers represent over $1 trillion in investments and they are serious about reform of the New York Stock Exchange, said Brian Krolicki the treasurer of Nevada and president of the association.
During the meeting the public investors pushed their agenda of substantive reform in the way the stock exchange does business, Hevesi said. At a meeting with stock exchange officials in September the treasurers advocated changes on the exchange's board and separating management from regulatory functions. The investors also want more public representation on the stock exchange board.
There should be nine "truly independent members of" a new 17-member board, Hevesi said. During the meeting, Reed did not commit to this separation, but said he was open to structural changes, Hevesi said.
Overall, though, the public investors said they were pleased with Reed's reaction.
"I thought today was a very bright day for investors. It was a day of hope," said California Treasurer Phil Angelides.
Angelides also said that Reed was very aware of the need to rein in compensation of stock exchange officials.
Exchange chairman Richard Grasso was forced to resign when Angelides and other public investors made an issue of the fact that his compensation package reached almost $140 million.
"It is very clear to me that Mr. Reed gets the extent of frustration over what's happened at the New York Stock Exchange," Angelides said.
He's been pushing to see change made in the way the stock exchange works, Angelides said, and he is encouraged.
The public investors are still waiting to see the details of Reeds package and are ready to help him sell it, Hevesi said.
During the conversation, Reed alluded to the fact that some of the members wanted him to "spray some perfume around" and would oppose substantial change in the exchange management, Angelides said.
Reed "was very clear" that before he could solve the problems at the New York Stock Exchange he had to know what the problems are, Hevesi said. Reed told the public investors that he has hired independent outside counsel to look into the management of the exchange.
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