Equity traders ticked off by SEC price increment plan
BlackRock and Citadel Securities push back on minimum price increments for OTC equities trades
Some of the largest equity market participants are warning against a plan by the Securities and Exchange Commission to extend minimum pricing increments into over-the-counter equities trading.
The regime – also known as minimum tick sizes – was originally introduced for quotes displayed on stock exchanges and alternative trading systems. But in December last year, the SEC announced plans to apply
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