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At Odds Over Increments

Industry Clashes on Bigger Ticks for Small Stocks

Traders Magazine, May 2013

Peter Chapman

Are higher trading costs justified if they produce more support for small- and mid-cap stocks? That question is at the heart of a debate among trading practitioners, regulators and academics as the Securities and Exchange Commission mulls the introduction of a pilot that could quintuple the size of the minimum trading increment.

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