Forget Subpenny Trading, NYSE Says
Traders Magazine, November 2001
Put the New York Stock Exchange down as another securities group that has told lawmakers and regulators to jettison sub-penny trading. In a three-page letter to the Securities and Exchange Commission, Jim Buck, corporate secretary for the NYSE, commented on the effect of decimal trading in subpennies.
All TradersMagazine.com 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.