SEC to End Five-Cent Spreads on Small-Company Stocks

Back in May 2015, the Securities and Exchange Commission (SEC) approved a two-year pilot program to test wider spreads on smaller stocks. The purpose of the program was to determine whether wider spreads  will attract more market makers and make trading better for small stocks. Many national exchanges and the Financial Regulatory Authority (FINRA) had requested it.…

Morning Notes – Friday September 21, 2018

Directional Bias For The Day: S&P Futures are higher to little changed; declining since 4:00 AM high of 2945.50 Odds are for an up day; watch for break below 2934.25 for change of fortune No key economic data due: Markets Around The World Markets in the East closed mostly higher – Mumbai was down European markets are higher Currencies: Up Down Dollar…