SEC To Conduct Roundtable on Decimalization
FOR IMMEDIATE RELEASE
Washington, D.C., November 20, 2000 The Securities and Exchange Commission's Division of Market Regulation will conduct a roundtable on December 11, 2000 to discuss the on-going conversion process for decimal pricing in equity securities and options and its effects on market quality, operational capacity, and trading behavior.
The roundtable will take place from 2:00 p.m. to 5:00 p.m. at:
SEC HeadquartersChairman Arthur Levitt will deliver opening remarks and Annette L. Nazareth, Director of the Division of Market Regulation, will moderate the roundtable discussions. Participants will include representatives from the stock and options exchanges, the Nasdaq Stock Market, a variety of broker-dealers (including full service and on-line firms, as well as Electronic Communication Networks), other market participants, vendors, and academics.
Some of the topics to be discussed include the effects of decimalization on:
The event is open to the public. Limited seating will be available on a first come, first serve basis.