SEC Approves Its Overhaul Of Stock Pricing, Exchange Fees
The rules also lower the maximum amount of fees exchanges charge some brokers to access protected quotes on their platforms to $0.001 per share for stocks priced at $1 or more. Exchanges can charge higher fees, as much as 0.1% of the quotation price per share for stocks under $1.
"This will lower costs for investors as well as improve liquidity, competition and price efficiency in the markets," SEC ...
FLASH FRIDAY is a weekly content series looking at the past, present and future of capital markets trading and technology.
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ShiftPixy, Inc. (Nasdaq: PIXY) ("ShiftPixy" or the "Company"), a Florida-based national staffing enterprise which designs, ...
The Selling Stockholders have also granted the underwriters a 30-day option to purchase up to an additional 1,615,500 shares of common stock. In addition, Diamondback has agreed to purchase from the ...
Stocks are currently priced in increments of one-cent. But a move by the SEC could lower transaction costs for consumers.
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