from pennies to nickels

Discussion in 'Trading' started by trader08322, May 13, 2004.

  1. anyone else hear anything on this? i heard talk not too long ago that the NYSE was going to go to .05 minimum spreads instead of .01. Would love to see that. any thoughts? or anyone know anymore about this?
  2. If there's any validity to this (and false hopes on this
    subject have been raised in the past) that's the best news
    I've heard in a long time.
  3. i know i know. i have my fingers crossed, but I had first heard of this about a year ago. So I am thinking there is not much to this rumor. Wishful thinking I guess. Still would like to know if anyone else has heard any new info.
  4. Mecro


    NYSE has never made a rule in favor of the daytrader. So passing this rule would be unlike their past behavior.