The penny program is the industry-wide rule that sets the minimum quoting increment of listed options by class: a cent for the most active classes, five and ten cents for the rest.
Quantitative Finance · Begrippenlijst
Quantitative Finance · Begrippenlijst
The penny program is the industry-wide rule that sets the minimum quoting increment of listed options by class: a cent for the most active classes, five and ten cents for the rest.