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Pennies from Heaven?

Published in Automated Trader Magazine Issue 06 July 2007

As the SECís six-month penny pilot scheme draws to a close in the US options market, Chris Hall reports on the initial impact on different market segments and asks whether decimalisation will open up the market for higher levels of automated and algorithmic trading.

Bruce Goldberg, Chief Marketing Officer, ISE:

"Among our membership, there's anticipation that the advent of pennies is only likely to fuel algorithmic and automated trading.&r

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