Macro Voices Discussion Forum

facebook bannerThe MacroVoices Discussion Forum has Moved to Facebook

The forum topics below have been locked for update and left in read-only mode for your convenience. The MacroVoices discussion forum has been moved to Facebook. Please visit our page there to participate.

MacroVoices Facebook Link:

Welcome, Guest
Username: Password: Remember me
Welcome to the Macro Voices Podcast Forum!

Post you comments and questions about specific podcasts here.

TOPIC: Five-cent Spread

Five-cent Spread 6 months 1 week ago #1

  • kaveh
  • kaveh's Avatar
  • Offline
  • Fresh Boarder
  • Posts: 6
  • Karma: 0
The new SEC tick size pilot test began in October, and selected small cap stocks will begin trading in five-cent increments instead of one-cent increments for the next two years.
The pilot test consists of 1,400 stocks.
The pro: stop hft because the higher the spread is, the more thinly traded it is. HFT operates on very high liquid stocks.
Bring back the scalpers. Now you buy at the bid and sell at the ask and make 5c/share.
Market makers will make more money.
Con: everything will come out of retail investors.
"Bring back the old days," when market makers ruled the market. This is like "hamsters running on wheels"
The "Market" is a zero sum game. If somebody makes money, somebody has to loose it.
Last Edit: 6 months 1 week ago by kaveh.
The administrator has disabled public write access.
Moderators: ErikTownsend
Time to create page: 0.213 seconds

MACRO VOICES is presented for informational and entertainment purposes only. The information presented in MACRO VOICES should NOT be construed as investment advice. Always consult a licensed investment professional before making important investment decisions. The opinions expressed on MACRO VOICES are those of the participants. MACRO VOICES, its producers, and hosts Erik Townsend and Nathan Egger shall NOT be liable for losses resulting from investment decisions based on information or viewpoints presented on MACRO VOICES.

Go to top