Eyecity.com Inc (ICTY)

[Realityhurts]

Consider this a free educational link

http://www.finra.org/web/groups/industry/@ip/@reg/@notice/documents/notices/p124501.pdf

You can see by that date that trades that far out have been allowed, the reporting just changed with the new data feed.

That does not mean that real markets effectively trade at more than 4 decimal places. I am not suggesting that. Just saying that trades can be reported that far out.

For more reading, thoroughly perusing this links should helpful as well.

An excerpt:

Q101.9: How many decimal places should a member use when reporting the price on trade reports?
A101.9: Members should report as many decimal places as the FINRA Facility permits, as specified by the applicable technical specifications. Thus, for example, if a member executes a trade at 10.123456 and the FINRA Facility permits entries up to six decimal places, then the member should report 10.123456.

http://www.finra.org/industry/regulation/guidance/p038942