Interactive Brokers' Managing Director Steve Sanders Says Penny Pricing in Options Is Inevitable and Gives Investors A Better Price

The SEC's pilot on penny options pricing is scheduled to begin on Jan. 27. 2007. Steve Sanders, managing director, Interactive Brokers, say the move from nickel to option penny pricing is inevitable and if exchanges can't handle the volume, then the business to switch to competitors.

Posted by Vitali Zhulkovsky at 12:13 PM

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