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The SEC’s equities overhaul: Necessary plumbing changes or a liquidity drain?

The TRADE

Among the SEC’s reforms is the proposal to amend certain rules under Reg NMS to adopt variable minimum pricing increments – or tick sizes – for the quoting and trading of NMS stocks.

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The 20 greatest trading innovations

The TRADE

While perhaps not one of the most exciting aspects of the trade lifecycle, settlement is a central process that acts as a pillar for the capital markets. The settlement period relates to the space of time between the trade date and the settlement date when a trade is considered complete.

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