Penny-Options Strategies Slow Growth

Officials at the Financial Information Forum, an industry body that monitors data volumes, say that the mitigation pilot achieved the SEC's objectives of providing a low-impact opportunity to test the effects of penny option pricing.

"It's clear that the mitigation plans are working, though data rates continued to rise—and would have presumably gone up by more [without the mitigation strategies], says Jeff Wells, chair of the FIF's market data capacity working group and vice president of product

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