NYSE, change the trading increment to .05 !!

Discussion in 'Trading' started by Vinny Gigante, Dec 16, 2002.

  1. It would serve the NYSE to think abit about this topic. It serves no purpose to split all the orders up by .01

    Having nickel increments would increase the size of the bids and offers, and increase the confidence in getting decent executions by your average Joe. Then comes increased confidence in the market.

    But the NYSE is a bunch of dummies intent on destroying their exchange. Why else would you change a system that worked for so long?


    vinny likes www.shortboy.com even though Shortboy's only up 5% this year!
  2. my guess is that they can make more money doing it.
  3. doesnt look like they're making more money to me.