Options Industry Facing Penny Pilot Program
Traders Magazine, July 2006
The Securities and Exchange Commission will soon launch a pilot program permitting the quoting of options contracts in penny increments. That's what an SEC official said at the recent annual Options Industry Conference.
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.