Today we look at more data from the tick pilot that confirms this result. We find the tick pilot created data that proves: Making stock ticks constrained increases costs and hurts valuations. But too ...

With the SEC looking at a more holistic review of market structure, there are a lot of problems regulators might be looking to fix. One, which others have also pointed out too, is trading in ...

Regulation and discretion can often seem like two opposing forces. Europe's tick sizes have a polarising effect on market participants, with major differences of opinion emerging over who should ...

We talked last week about how the new NMS II round lot plan doesn’t actually fix the odd lot problem. With decimal ticks and odd lots allowed for trading, it turns out that the real market doesn’t ...