![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Tuesday, January 12, 2010 3:48:25 PM
b. BSE and Amex will truncate (not round) all quotes (e.g., $0.8999 will round to $0.89 and not $0.90).
http://www.itg.com/compliance/sec-rules-regulations/
So the key word is truncate as indicated above. Basically means that when you see a .46 print go through it is somewhere between .4600 and .4699 which means that it is not a buy or sale below the bid...
Sorry, but it is not MM manipulation...
GLTA
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