Z zdreg Jul 12, 2005 #12 Quote from MasterRaistlin: LOL..thanks anyway guys. I found the list of stocks that are approved for "sub-penny" trade. More... why don't you share the list the rest of the board?
Quote from MasterRaistlin: LOL..thanks anyway guys. I found the list of stocks that are approved for "sub-penny" trade. More... why don't you share the list the rest of the board?
B bobbyod Jul 12, 2005 #13 Wow, the list is on the Island website. Imagine that :eek: http://www.inetats.com/support/subpenny/index.asp And for whoever said the shaving allows traders to violate the FIFO rule, you just have to look at it as the FIFO rule applied to smaller increment price scales.
Wow, the list is on the Island website. Imagine that :eek: http://www.inetats.com/support/subpenny/index.asp And for whoever said the shaving allows traders to violate the FIFO rule, you just have to look at it as the FIFO rule applied to smaller increment price scales.
stock777 Jul 12, 2005 #14 How can it violate anything, you are IMPROVING the price. A sub dollar stock SHOULD trade sub penny. At $1, 1 cent is 1%. Thats like goog trading with a $3 spread. Get real.
How can it violate anything, you are IMPROVING the price. A sub dollar stock SHOULD trade sub penny. At $1, 1 cent is 1%. Thats like goog trading with a $3 spread. Get real.