RT Journal Article SR Electronic T1 Execution Quality at the New, Fast NYSE JF The Journal of Trading FD Institutional Investor Journals SP 29 OP 34 DO 10.3905/jot.2008.700225 VO 3 IS 1 A1 Kwaku Abrokwah A1 George Sofianos YR 2007 UL https://pm-research.com/content/3/1/29.abstract AB 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