Sentences with word «decimalization»

At the same time, regulators change trading «ticks,» or the increments in which stocks can trade, from the current decimalization to nickel sizes, eliminating the benefits that high - frequency traders enjoy from capitalizing on moves of pennies.

Another excellent example is the introduction of decimalization in 2001.

Dramatic cuts in brokerage commissions, the decimalization of share prices, and narrower bid / ask spreads, along with reduced capital gains taxes are all examples, Bogle says.

On February 5, 2013 the SEC hosted a Decimalization Roundtable to examine the impact of decimal - based stock prices on small and mid-sized companies.

Some say it was decimalization, when share prices were no longer priced in fractions and brokers lost profits; others point to overregulation in the form of the Sarbanes - Oxley Act.

The Federal Reserve Bank of Chicago measured a 30 % drop in average bid — ask spreads from two weeks prior to two weeks after the conversion to decimalization (Furfine, 2003).

The authors write that SarbOx was «a bit of a red herring» because «[online] brokerage and decimalization were significantly more damaging to the IPO market.»