Tinkering with Ticks: Choosing Minimum Price Variation for US Equity Markets (1996 Version)

1 January 1997

preprint
Published by Elsevier in SSRN Electronic Journal

https://doi.org/10.2139/ssrn.554962

Abstract

For two decades, researchers and practitioners alike have argued that constraining stock prices to eights of a dollar is unnecessarily restrictive. It has repea

Keywords

TICKS
CHOOSING
MINIMUM
TINKERING
PRICE
REPEA
STOCK
ALIKE
MARKETS
UNNECESSARILY

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