Virtually all market participants agree that the notion of “one size fits all” that currently describes the U.S. equity market structure is flawed. The implication is that large cap equities trade ...
FLASH FRIDAY is a weekly content series looking at the past, present and future of capital markets trading and technology. FLASH FRIDAY is sponsored by Instinet, a Nomura company. When academics Paul ...
The US Securities and Exchange Commission (SEC) has embarked on a significant overhaul of the US equity market structure, with a key component being reducing the minimum tick size from one penny to ...
Tick size is the minimum increment of price movement for a stock. For stocks in the U.S. market, tick size is expressed in dollars or cents. Prior to 1997, NASDAQ stocks traded with tick sizes of ⅛, ...
The Securities and Exchange Commission first tried to implement a new rule that would widen tick sizes via the Jumpstart Our Business Startups Act of 2012, arguing that decimalization has had a direct ...
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The U.S. Securities and Exchange Commission adopted rule amendments that will decrease the so-called tick size for quoting certain national market system ("NMS") stocks, the agency said on Wednesday.
For all the uncertainty surrounding the upcoming US election, one thing is now clear: there will be a new president in the White House come November. For the Securities and Exchange Commission (SEC), ...
As most of you know, we have studied quite extensively (some would say too much) how round lots and tick sizes affect trading and stock valuations. In short, a one-size-fits-all tick creates ...
As of February 12, 2024, Nasdaq Derivatives Markets will change the tick size of Norwegian Index Futures (OMXO20). This notice outlines the new tick sizes applicable to standardized contracts. After ...