Meet the new math, same as the old math: In an upcoming meeting, the SEC will look at bringing...
Meet the new math, same as the old math: In an upcoming meeting, the SEC will look at bringing back fractional stock prices - 1/8 and 1/16 ticks, instead of penny pricing. At heart is the power of market makers who used to be accused of improperly raising trading costs. Proponents of going back argue that higher bank profitability from bigger tick sizes will make the environment more welcoming for small companies in their IPOs.
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