Free Site Registration

2007 Review: Pennies Roil Options Marts

The Year in Trading

Traders Magazine, December 2007

Peter Chapman

The biggest story of 2007 in the options market was the switch to penny pricing. Under a "pilot" program encouraged by the Securities and Exchange Commission, the nation's six options exchanges agreed to quote a limited number of options classes in either 1- or 5-cent increments, depending on their prices.

Get access to this article and thousands more...

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.

Already Registered?

Advertisement

Advertisement