Datek Brokerage $9.95 a trade Message Board

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Non-Tech : Datek Brokerage $9.95 a trade

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To: MRO0054 who wrote (9375)	8/6/1998 12:14:00 AM
From: Esteban	Read Replies (1) of 16892

Here's a quote from the NYSE regulation page you were kind enough to point us to regarding short sales: "If the last sale was at 52 and the previous different price was at 52 1/4, a short sale may be made at 52 1/8 or above;" Why couldn't a short sale be made at 52 1/16, the minimum tick? Do you think this example is correct, or is it possibly not updated since the minimum tick was reduced?

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