Island has eliminated shaving on stocks over $1 (as of Feb 27th) .
see www.island.com
Apparently can only shave on some stocks on Brut.
This will kill daytrading, or at least the daytrader advantage.
Market makers complained too much.
see www.island.com
Apparently can only shave on some stocks on Brut.
This will kill daytrading, or at least the daytrader advantage.
Market makers complained too much.