Market Lens: Unlevel Playing Field? What 605s Can Tell Us About Tick Sizes

In our newest Market Lens paper, we evaluate whether changing the one-penny quoting increment would result in exchanges offering more competitive pricing. Learn what our analysis of 605 reports from the first six months of 2022 tells us about tick sizes in the equity markets and the price improvement Citadel Securities provides.

Click here to check out the full report.