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Kent Rollins writes:
> On the NYSE, instead of there being 16 price points per dollar (ie, 1/16,
> 2/16, 3/16, etc.) there will be 100 price points. I remember an article in
> WSJ about a study done on this issue. I think it said there would be a 40%
> increase in quote traffic on one of the exchanges and a doubling of traffic
> on the options exchanges. I could be wrong about these figures, but I
> remember it was a dramatic increase in quote traffic.
OH! You originally said "quoted volume", which I took to mean the
volume of the security, not the volume of the QUOTES on a security.
My misunderstandeing there, sorry.
>
> Kent
>
>
> -----Original Message-----
> From: Mike Campbell <ug@xxxxxxxxxxxx>
> To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
> Date: Monday, August 14, 2000 8:32 PM
> Subject: Re: What options to sell?
>
>
> Kent Rollins writes:
>
> > Wasn't part of the problem during both 29 and 87, the fact that systems
> > broke down and people started panic selling? The move to decimals is
> going
> > to have a serious effect on quoted volume.
>
> I'm not doubting you, I'm curious. Why do you say decimalization will
> have this effect?
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