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Catchword for “trade for eights”
Catchword: trade for eights
Filed Under: , ,
Part of Speech: v. phr.
Quotation: That was around the time the SEC brought charges against the brokers for the practice—called “trading for eights,” or flipping. But when the flipping case came to trial, the NYSE didn’t testify in the traders’ defense.
Article or Document Title:
“Big Board Wasn’t Always A Stickler On ‘Rules’” (URL)
Author:
John Crudele
Article, Document, Publication, Web Site:
New York Post
Publishing Location:
New York City
Date of Publication:
Oct. 17, 2006
This catchword has yet to be researched.
Posted 19 Oct 06 | Permalink | Tell a Friend
Comments:
Is this trading for “eights”, or rather trading for “eightHs”?  Remember, just a few years ago, before going to pricing by the penny (or hundredths), stock prices were usually listed in eighths, or 12.5 cent increments.
by david bankson 19 Oct 06, 0246 GMT

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