Buyside Survey Casts Doubt on Decimals
Traders Magazine, October 2001
Decimal pricing on the New York Stock Exchange and Nasdaq is not good for market liquidity or transparency, according to a new survey of buyside traders. More than 75 percent of traders polled at a cross-section of institutional firms also said they have changed trading strategies since decimal pricing was introduced in Aug. 2000 on the Big Board and last March on Nasdaq.
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