Nasdaq OMX Group will be allowing institutions and other securities firms to stipulate a minimum quantity of shares that they are willing to trade on one of its exchanges.

The electronic trading firm that that members of its “price-size exchange,’’ known as PSX, will be able to decide the minimum size of a trade they are willing to engage in. This will come some time in the fourth quarter.

Register or login for access to this item and much more

All On Wall Street content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access