Hmmm...Best possible news for retail trader and no celebration ? I'm starting to wonder how many ET members are trading real money in options.
FWIW, a "dissenting" view on penny quotes: http://www.thestreet.com/comment/investing/10290961.html?partner=msn#steveo I won't speak to the credibility of the author or merits of the argument.
Going out now , was watching WC. Say , bro , with those news will you add another MO to your handle ?
We'll see about mo MO. Wtf was Zidane trying to do exactly? LMAO. Some articles of interest: http://www.futuresindustry.org/fimagazi-1929.asp?a=1075 http://www.financialnews-us.com/index.cfm?page=usfeatures&contentid=533164
I don't even follow WC but actually saw the ending and wtf.. Zidane is an idiot and I probably won't watch soccor again until the next final 2010....Tennis/golf much better...
I think it's the same reluctance that preceded the penny increments in stock prices. I know I thought I wouldn't like it, now I don't even think about it.
And I thought Sunny D was a great innovation. Wow. BTW, Zidane sure knows how to make an exit from th world stage eh.
Any idea if NYSE/ARCA will adopt the same anti-competitive cancel fees, pacing restrictions, anti-retail-MM rules, etc. of the other exchanges?