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

To: davealex who wrote (8656)	1/20/2001 3:42:09 PM
From: davealex	Respond to of 12617

See all the "missing" decimal levels in there between 1/16 and 1/8? If quotes start spreading by only 0.01, the sheer volume of quotes will increase significantly. Sorry, I forgot to add that executions against that sheer volume of quotes will increase significantly as well, adding to the overall explosion. I really don't think they have thought this out very well. They should have started with nickels and, after proving they can handle that, move to pennies if they really feel the need. Dave