2min chapter

Boxes and Lines cover image

Ticks of the Trade with Joe Saluzzi of Themis Trading

Boxes and Lines

CHAPTER

Should We Decrease Tick Size?

Exchanges are limited in terms of how they can quote to these one cent increments. Some stocks, maybe a stock that's not tick constrained, say a stock that trades 100,000 shares a day, and that's out of penny spread. Maybe those should be a wider tick. People would aggregate more at a price point if there was less price points, is that the point? Absolutely.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode