SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Knight/Trimark Group, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Joseph Silent who wrote (3547)8/16/1999 2:04:00 AM
From: Gary Korn  Read Replies (1) | Respond to of 10027
 
Further, he said, the volume of stock transactions and other financial data will increase anywhere from two to eight times with decimal pricing. That's because a big investor looking to buy a large block of a stock might have to execute dozens of trades over several 1-cent price points to get all the shares it wants, Abbey said.

History indicates he may be right. Trading volume rose 14 percent when the spread moved from 1/8 to 1/16, according to the Securities Industry Association


If volume increases (per this article), isn't that a good thing for an entity like NITE?

Gary Korn