Chart 1: Smaller ticks lead to lower ... (2020) and Rindi and Werner (2019) implied that a smaller tick size would reduce the trading cost of small orders but increase the cost of large orders.

All of that history is relevant to a study of trading ... relevant chart is the one below. It shows that: Supply and demand curves for stocks tend to be quite linear. Reducing the tick (for ...

Today most transactions in financial markets are executed by automated trading systems. In this environment, comprehensive structured tick history data could provide great value in terms of ...