SIA Unveils Testing Plans For Decimalization Move; Capacity Concerns Loom

INDUSTRY EVENTS

NEW YORK--A tentative schedule for testing the effects of decimalization upon the securities industry was unveiled two weeks ago at the Securities Industry Association's (SIA) Foundation for Decimalization conference in New York. The SIA is urging that decimalization testing get underway industry-wide by October of next year.

The testing plan is aimed at helping the industry switch from using price quotes listed in fractions to prices that are decimal-based.

The SIA's schedule for the testing

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: