Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : The Final Frontier - Online Remote Trading -- Ignore unavailable to you. Want to Upgrade?

To: Cash who wrote (8652)	1/19/2001 11:16:28 PM
From: LPS5	Read Replies (1) \| Respond to of 12617

Here's an excerpt from a message on this topic I posted last year - on this very thread, in fact: Here are some numbers for you: I have, sitting right here on my desk, a report done by SRI Consulting stating that nickel increments would cause something like 3.5% more trades and about the same increase in quotes being transmitted. Straight to penny increments, and the increase in share volume would be 9%, with 81% more trades done and 231% more quotes transmitted. In addition, that the equity volume would (if in nickel increments) juice equity options markets by 52% and index options by 50% [ more quotes transmitted]. To penny increments, and the equity options market quotation volume would increase by 305%, with index options bumped up by 160%. Remembering as we should that large firms hedge equity options with equities and vice versa, I'm sure that critical brokerage technology is not ready for that. LPS5