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SPT

An acronym for sub-penny trading; a trading practice where brokers and dealers post orders in dark (invisible) venues and unregulated...

Sub-Penny Trading

A trading practice where brokers and dealers post orders in dark (invisible) venues and unregulated markets in increments small than...

Sub-Penny Jumping

A jargon term (coined in the early 1990s) that surfaced in the market in the aftermath of changing the minimum...

Penny Jumping

A jargon term (coined in the early 1990s) that surfaced in the market in the aftermath of changing the minimum...