Jennings, Robert H. (contributor) - 2001 - [Elektronische Ressource]
Stock Exchange
Robert Jennings*
NYSE Working Paper 2001-01
June, 2001
*Visiting Economist
New York Stock Exchange
and … Stock Exchange, Inc.
1
Getting “Pennied”
The Effect of Decimalization on Traders’ Willingness to Lean On the Limit Order … Book at
the New York Stock Exchange
Abstract
Theory suggests that decreasing the minimum price variation (i.e., the tick …