wazzup with those basteds trading in 100th of a cent on $50 stocks

Discussion in 'Trading' started by stock777, Aug 18, 2009.

  1. all over the place lately.
  2. gaj


    haven't seen it on those, but on a bunch of others which were >$1.

    they were through ADF, i think? a bit irritating, of course.
  3. Shaving is still allowed on >1$ stocks. That's probably why your seeing that.
  4. Are you guys seeing shaved quotes, shaved prints, or both?
  5. bothskipoos
  6. I dont see much in the way of shaved quotes on high priced stocks (if any)

    these are all dark pool prints, but it's annoying as hell especially since I'm not aware of any way for retail to trade it.
  7. cszulc


    One time I got a fill for $50.9899 in my IRA. My broker called it "price improvement".
  8. there's no problem with printing shaved prices. But quoting shaved prices is against the law.