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Decimal quotation?
Написано
skepsis | Sat, Jan 29 at 04:10am:
SEC Orders Markets To Use Decimals By MARCY GORDON WASHINGTON (AP) З Federal regulators on Friday ordered the nation's stock The New York Stock Exchange, the Nasdaq Stock Market and other U.S. securities The exchanges have been putting together plans for phasing in decimal prices this The SEC normally refrains from intervening in the markets' operation. SEC spokesman Chris Ullman explained that the agency was seeking to promote ``a The Securities Industry Association said the SEC's action ``clears the way for the ``This will make securities trading more understandable for investors as well as ``Decimal trading will benefit investors by allowing greater competition and making it As an interim step, the nation's two biggest exchanges З the NYSE and the The NYSE ``is decimal-ready. We will continue to work with the SEC and the industry Nasdaq spokesman Scott Peterson said his exchange will be ready to trade in 5-cent Supporters say adopting the decimal system would narrow the difference between a Some stocks will begin trading in nickel increments, though many could be trading in Proponents of the decimalization argue that a narrower spread will increase the By contrast, critics have said the narrower spreads in decimal trading would erode Market makers trade for their own accounts and agree to process customers' orders
Decimal quotation? - skepsis on Sat, Jan 29 at 04:10am
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