As I am sure that you are aware:
The Tick Size Pilot Program is a two-year pilot approved by the Securities and Exchange Commission (SEC). The SEC ordered the national securities exchanges and the Financial Industry Regulatory Authority (FINRA) to act jointly to develop a national market system plan to implement this targeted pilot program. The Tick Size Pilot will widen the tick size for certain securities of smaller capitalization companies from $0.01 to $0.05.
The pilot began on October 3, 2016 and is expected to end on October 3, 2018.
Is there a mechanism to support identifying the specific test group stocks to round the Stop Limits to their appropriate tick size? In absence of such support, everyone has to code this individually.
https://www.fidelity.com/trading/tick-pilot-faqs
http://www.finra.org/industry/oats/tick-size-pilot-data-collection-securities-files
Size:
Color:
Size:
Color:
(Humorously) There's a guy who should use "search" as Eugene keeps suggesting.
Size:
Color: