Friday, February 22, 2013

Those were the days....

It's a shame that they will never go back to them, as the market strives to become more and more efficient.  It's why I hate weekly options.  Not as trading instruments per se, but because it gives the market makers a better chance to screw the retail trader.  After all, that's our job, isn't it?

SEC Rethinks the Penny Tick in Stock Trading
Remember when stock market regulators ditched fractions and started rounding to the nearest penny? The SEC is reconsidering.

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