NYSE Bonds lists corporate debt and debt securities, including structured products, municipals, agencies, sovereign debt and treasuries.
NYSE Bonds operates the largest centralized corporate bond market in the U.S., offering electronic trading in the corporate debt of any NYSE listed equity or preferred and their wholly owned subsidiaries, and debt securities listed on the exchange.
Firm and executable orders entered by members or sponsored participants on NYSE Bonds are displayed on the order book and matched on a strict price/time priority basis. The NYSE Bonds platform is powered by NYSE Arca's all-electronic trading platform.
Execution fees are assessed per bond for orders that take liquidity from the NYSE Bonds Book, with a maximum fee of up to $100.00 per execution. NYSE Bonds trades are transmitted to the National Securities Clearing Corporation (NSCC) for clearance and settlement through the Regional Interface Organization (RIO).