'Stub Quoting' Helps Explain Last Thursday's Penny Prices (Wall Street Journal)

By | May 14, 2010

Everyone is still trying to understand what happened on May 6.  Stub quoting was certainly not the overall cause, but might help to explain why a few stocks went to a penny.

“If we end up with the trading curbs across all the trading exchanges that have been discussed, it would make this become a non-issue,” said Kevin McPartland, a senior analyst with research firm Tabb Group.

Full article at MarketWatch.com and WSJ.com

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