Equity Market Structure Advisory Committee — Market Quality Subcommittee
Summary Minutes of May 27, 2016 Meeting
The Market Quality Subcommittee held a call on May 27, 2016, to discuss the Subcommittee’s preliminary recommendations and additional topics of interest.
The call convened at approximately 9:00 a.m. via telephone. The following Subcommittee members were on the call:
The following staff from the Division of Trading and Markets joined the call:
The following staff from the Division of Economic and Risk Analysis also joined the call:
The first order of business was to discuss the Subcommittee’s preliminary recommendations related to limit-up/limit-down, market wide circuit breakers, and the market opening process and procedures.
The next order of business was a discussion of additional potential topics of focus, including ETF trading, market closing auctions, market-making privileges, and small and mid-cap liquidity.
The meeting concluded at approximately 10:10 a.m.