Jan. 10, 2023
January 10, 2023 As a retail trader, I am in favor of this proposal. In particular, the changes to tick sizes is much needed. Currently, trade internalizers have an advantage over exchanges because they are not held to the same tick size regulations. This proposal would help level the playing field with respect to price improvement and would help price discovery. From the perspective of retail trading, this means that fewer trades will be internalized, which means more market transparency, which is always welcome. This proposal fixes an issue with the current market without putting undue burden on any market participants.