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 <title>Pilot Programs</title>
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 <title>SEC Announces Positive Early Results of Penny Quoting Pilot Program</title>
 <link>http://www.huliq.com/26065/sec-announces-positive-early-results-of-penny-quoting-pilot-program</link>
 <description>The Securities and Exchange Commission announced on June 29 that early results from the Penny Quoting Pilot program show lowered trading costs for retail trades. An analysis of reports from the options exchanges by the Commission&#039;s Office of Economic Analysis indicate that the Pilot has been successful in narrowing average quoted spreads, which enables investors to trade options at better prices. The reduction in spreads also has led to a reduction in payment for order flow.</description>
 <comments>http://www.huliq.com/26065/sec-announces-positive-early-results-of-penny-quoting-pilot-program#comments</comments>
 <category domain="http://www.huliq.com/business">Business</category>
 <category domain="http://www.huliq.com/tags/penny-quoting">Penny Quoting</category>
 <category domain="http://www.huliq.com/tags/pilot-programs">Pilot Programs</category>
 <category domain="http://www.huliq.com/tags/sec">SEC</category>
 <category domain="http://www.huliq.com/tags/us-securities-and-exchange-commission">US Securities and Exchange Commission</category>
 <pubDate>Sat, 30 Jun 2007 13:48:34 -0500</pubDate>
 <dc:creator>Anastvatz</dc:creator>
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