(From Briefing) 9:12 ISE Int'l Securities Exchange to change mkt trading hours (39.17 ) Co announces the following change to its trading schedule for equity options, effective Monday, Feb 13, 2006. Options on equities, narrow-based (sector) indexes and narrow-based ETFs will close for trading at 4:00 p.m. (ET). This is an industry-wide change and reflects a 2-minute reduction in the current trading session to align options trading with the closing time of the primary mkt.
What actual implications does this have? What I want is penny pricing, instead of getting nickel and dimed.