Market Performance Committee
What it is:
The Market Performance Committee is responsible for maintaining effective and organized trading operations on the New York Stock Exchange (NYSE).
How it works (Example):
The Market Performance Committee consists of several members of the NYSE who closely observe the performance of trading specialists for individual stocks. This body addresses problems or difficulties with specialists who fail to perform their duties satisfactorily and The Market Performance Committee does not monitor the price performance of stocks on the NYSE. It focuses on the logistics of trading and makes sure that specialists process buy and sell orders, moving shares efficiently and in compliance with NYSE protocols.makes subsequent recommendations for specialists to improve their performance. The Market Performance Committee is also responsible for selecting suitable individuals as specialists for new stocks trading on the exchange.