RJ and Makay

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Stock market volatility has been high this year, but it may not be that unprecedented, according to Joseph Mecane, chief administrative officer of U.S. markets for NYSE Euronext.  In August alone, the value of equities markets moved up or down more than 1% eleven or twelve times, he said. The volatility will probably continue, he told a gathering of industry professionals at the annual meeting of the Securities Industry and Financial Markets Association (SIFMA).