TY - JOUR T1 - Execution Quality at the New, Fast NYSE JF - The Journal of Trading SP - 29 LP - 34 DO - 10.3905/jot.2008.700225 VL - 3 IS - 1 AU - Kwaku Abrokwah AU - George Sofianos Y1 - 2007/12/31 UR - https://pm-research.com/content/3/1/29.abstract N2 - Between October 06 and January 07, the NYSE was dramatically transformed into a fast execution venue with sub-second execution times (Exhibit 1). In this report, we examine the impact of this transformation on the cost of trading at the NYSE. We find that the NYSE achieved the sharp drop in execution times without major changes in trading costs, at least for executions of up to 10,000 shares.TOPICS: Exchanges/markets/clearinghouses, financial crises and financial market history ER -