Financial Times FT.com

Jury out on NYSE bond trade plan

By Jennifer Hughes in New York

Published: March 23 2006 19:31 | Last updated: March 23 2006 19:31

Will the New York Stock Exchange’s expertise in equities translate to the bond market?

On Wednesday, the exchange won approval from the Securities and Exchange Commission for its hybrid stock trading model, which combines floor and electronic methods. But the NYSE is still waiting for a decision – expected in the next few months – from the SEC on its proposal to expand its bond trading operations.

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