Industry implementation of decimal pricing: hearing before the Subcommittee on Finance and Hazardous Materials of the Committee on Commerce, House of Representatives, One Hundred Fifth Congress, second session, May 8, 1998, Volume 4
United States. Congress. House. Committee on Commerce. Subcommittee on Finance and Hazardous Materials
U.S. G.P.O., 1998 - Business & Economics - 32 pages
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2125 Rayburn House affect American Depositary Receipts American Stock Exchange assessment begun process Bliley capacity Chairman Oxley changes Committee communication volumes converting their systems converting to decimal deci decimal conversion decimal pricing decimal ready DeGette DIANA DeGETTE effects of decimal effort estimates Finance and Hazardous firms we contacted fractions GAO report help ensure House Office Building implement decimal trading implementation of decimal increased processing increment industry's information technology issues January l/8ths to l/16ths limit orders Manton market participants indicated McCool million minimum tick move to decimals NASD number of stocks NYSE Office Building Washington options Options Clearing Corporation pennies percent potential problems processing and communication projected Rayburn House Office reduced the number Representatives require result risk securities firms standards and specifications STEVE LARGENT Subcommittee on Finance support organizations systems for decimal tion Toronto Stock Exchange trading systems trading volumes U.S. markets various market York Stock Exchange