tailieunhanh - NEW YORK STOCK EXCHANGE PRICE LIST 2011

The outline of this paper is as follows. Section 2 presents the financial market model. Section 3 gives a brief description of the martingale representation theo- rem in our pure jump context, which is used to generate our completeness results later. Self-financing strategies and the budget constraint are described in detail in Sect. 4. The finite horizon problem is formulated and solved in Sect. 5, while Sect. 6 considers the infinite horizon problem. The completeness of markets with respect to trading strategies is discussed in Sect. 7. Explicit solutions for the case of HARA utility are presented in Sect. 8. Closed form solutions for the context of VG. | NYSE. Price List 2011 New York stock Exchange Price List 2011 Page 1 of 17 NYSE. Price List 2011 Table of Contents Transaction Fees. Fees and Credits applicable to Designated Market Makers Credit Applicable to Supplemental Liquidity Providers. Crossing Session II. NYSE MatchPointSM System. New York Block ExchangeSM NYBX SM . NYSE BONDSsm system. . Risk Management Gateway RMG SM . Listing Fees. Next Generation Trading Floor Reservation Fee Equipment Fees. Radio Paging Service. Financial Vendor Services. Member Telephone Service. Cellular Phones. Booth Telephone System. Service Charges. Broker Subscriber Service. Signature Guarantee Service. Online Comparison System OCS . Merged Order Report. Off-Hours Trading. Market Data Fees. Registration Regulatory Fees. Registration Fees. Regulatory Fee. Minimums. Other. Arbitration Fees. Trading Licenses. 3 4 5 6 Error Bookmark not defined. . 7 .7 .7 .8 .9 .10 .10 .10 .10 .10 .10 .10 .10 .11 .11 .11 .11 .12 .15 .15 .15 .15 .15 .15 .16 In the event of any inconsistency between this price list and fees codified in the New York stock Exchange s rules those rules will control. Page 2 of 17 NYSE. Price List 2011 Transaction Fees Regular Session Trading1 Transactions in stocks with a per share stock price of or more Equity per Share Credit - per transaction - when adding liquidity to the NYSE displayed and nondisplayed . Agency cross trades . a trade where a Member Organization has customer orders to buy and sell an equivalent amount of the same security . No Charge Non-electronic agency transactions between floor brokers in the crowd. No Charge At the opening or at the opening only orders - per share2. Executions at the close except market at-the-close and limit at-the-close orders . No Charge Equity per Share Charge3 - per transaction charged to both sides - for all market at-the-close MOC and limit at-the-close orders LOC unless the lower charge set below applies. Equity per Share Charge3 - per .