Blame decimalization for the bear market. Since American financial markets became decimalized in early 2001 they have become much more volatile, even as they are less liquid. Decimalization requires ...
While the change has reduced spreads, it also could lead to higher fees and commissions at online brokerages. market moved from trading in fractions to dollar decimals this past April, investors got ...
Two more reasons for investors to be thankful in an otherwise very difficult year for many portfolios: * Decimalization of stock prices finally became reality. Congress wanted the major U.S. markets ...
The Securities and Exchange Commission (SEC) held a roundtable forum on February 5, 2013 to solicit financial industry views on “decimalization” in accordance with the directive under Section 106(b) ...
(April 4 – 17:00 ET) – It’s not often that the Toronto Stock Exchange receives a pat on the back, but one research firm says that U.S. markets should follow the TSE’s approach to decimalization. A new ...
The Investment Company Institute of Washington D.C. earlier this month asked the New York Stock Exchange to make changes to Institutional XPress, the trading system for large orders by mutual funds ...
When Securities and Exchange Commission Chairman William Donaldson said recently that he wants to re-examine decimalization because hedge fund managers and market makers were complaining about how the ...
NEW YORK Two weeks after fully converting trading to decimals, the people who work on the floor of the New York Stock Exchange are becoming accustomed to trading in pennies instead of fractions. "I'm ...
Saturday, April 9th marks the tenth anniversary of decimalization in the United States' equity markets. Since the change to decimal pricing, stocks have been traded in pennies instead of the ...