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Investor Alert: Tick Size Pilot Program Beginning 03 October 2016 – What Investors Need To Know

Tuesday, October 4, 2016 5:17
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(Before It's News)

from the Securities and Exchange Commission

Beginning October 3, 2016, a new National Market System (NMS) Plan to implement a Tick Size Pilot Program (the ‘pilot”) will widen the minimum quoting and trading increment – sometimes called the ‘tick size” – for some small capitalization stocks. The goal of the pilot is to study the effect of tick size on liquidity and trading of small capitalization stocks.

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