NYSE Equities Membership Types

Our unique next-generation trading model includes the following key market participants: Designated Market Makers, Trading Floor Brokers, Supplemental Liquidity Providers and Retail Liquidity Providers.

Designated Market Makers (DMMs) are the only market participants that assume true accountability for maintaining a fair and orderly market:

  • DMMs manage a physical auction to combine with an automated auction that includes algorithmic quotes from other DMMs and market participants.  
  • DMMs are required to meet stringent NYSE Euronext depth and continuity standards.  
  • To encourage participation and bolster market quality, DMMs are on parity with Display Book and floor broker quotes.

NYSE Designated Market Maker Firms

  • Barclays Capital Inc.
  • Brendan E. Cryan and Company, LLC
  • Goldman, Sachs & Company
  • J. Streicher & Co., LLC
  • KCG
  • Virtu Financial Capital Markets, LLC

NYSE MKT Designated Market Maker Firms

  • Brendan E. Cryan and Company, LLC
  • J. Streicher & Co., LLC
  • KCG
  • Virtu Financial Capital Markets, LLC

Firms That Trade Nasdaq UTP on NYSE MKT

  • Brendan E. Cryan and Company, LLC
  • J. Streicher & Co., LLC
  • Virtu Financial Capital Markets, LLC

Trading Floor Brokers

Brokers on the NYSE Trading Floor combine flexibility, judgment, automation and anonymity with state-of-the-art technology and order management tools.

  • Trading floor brokers are positioned at the point of sale during openings, closings and unique intra-day occurrences to execute trades.  
  • Trading floor brokers use e-Broker hand-held devices, e-Quotes, and algorithm programs to achieve individual parity with DMMs and the NYSE Display Book.
  • Trading floor brokers use handheld order-management devices to identify trader badge numbers, send Instant Messages, and to route all or part of a customer order to an external algo engine.

Supplemental Liquidity Providers

Supplemental Liquidity Providers (SLPs) are high-volume trading members who add liquidity to the NYSE. The SLP program rewards aggressive liquidity suppliers who complement and add competition to existing quote providers.


  • SLPs must maintain a bid or offer at the National Best Bid or Offer (NBBO) in each assigned security at least 10 percent of the trading day.
  • SLPs trade only for their proprietary accounts, not for public customers or on an agency basis.
  • SLPs that post liquidity in an assigned security that executes against incoming orders are awarded a financial rebate by the NYSE.

NYSE Supplemental Liquidity Providing (SLP-Prop) Firms

  • Barclays Capital, Inc.
  • Citadel Securities LLC
  • HRT Financial LLC
  • BofA/Merrill
  • Octeg, LLC
  • Tradebot Systems, Inc.
  • Virtu Financial BD LLC

NYSE Supplemental Liquidity Providing (SLMM) Firms

  • KCG
  • Goldman, Sachs & Company

Retail Liquidity Provider

On August 1st, the NYSE and NYSE MKT launched the first-of-its-kind Retail Liquidity Program.  For more information please visit: Retail Liquidity Program

Additional information