Today we look at more data from the tick pilot that confirms this result. We find the tick pilot created data that proves: Making stock ticks constrained increases costs and hurts valuations. But too ...

With the SEC looking at a more holistic review of market structure, there are a lot of problems regulators might be looking to fix. One, which others have also pointed out too, is trading in ...

We talked last week about how the new NMS II round lot plan doesn’t actually fix the odd lot problem. With decimal ticks and odd lots allowed for trading, it turns out that the real market doesn’t ...

Recently we’ve covered the new SEC proposals and the importance of getting ticks right to make trading cheaper for investors and reduce the cost of capital for issuers. Today we highlight how the ...