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Unger Uneasy About Decimals: Will Traders Flout Rules and Regs in Penny Trading?

Traders Magazine, July 2001

Gregory Bresiger

A key regulator says decimals are a mixed blessing for the stock exchanges. Spreads have been declining so decimals have been a good deal for the individual investor, but their effect on market structure, especially in sub-penny trading - less than a penny - could trigger problems.

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