The SEC’s equities overhaul: Necessary plumbing changes or a liquidity drain?
The TRADE
AUGUST 21, 2023
“The tick size proposal, in name only, is simple and one-dimensional, but in practice, there are changes to rebates, there are changes to pricing tiers, there are changes to odd lot data that’s being disseminated,” says Eric Stockland, managing director, electronic trading for BMO Capital Markets. “This is like a big plumbing change and it’s (..)
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