Free Site Registration

At Deadline

Traders Magazine, October 1999

John A. Byrne


Decimalization and extended trading have plenty of critics. An electronic survey conducted during the Security Traders Association's conference in Palm Desert, Calif. revealed that more than 60 percent of attendees surveyed strongly agree with the statement, I am concerned about how decimalization will affect the markets.' Nearly 20 percent of the respondents agreed. Moreover, 45 percent of respondents said their firms won't be ready for decimals. About 70 percent said the quote and trade increment should be five cents in decimal-based pricing.

Get access to this article and thousands more...

All articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, online technology directory, the iPad App, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our e-newsletters covering the latest breaking news, opinions from industry leaders, developing trends and trading strategies.

Already Registered?