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Re: Zorch305 post# 15853

Thursday, 02/10/2011 10:17:10 PM

Thursday, February 10, 2011 10:17:10 PM

Post# of 129051
New: Minimum Price Increments for OTC Equity Securities

Effective 2/11/2011, orders for over-the-counter (OTC) securities can be placed at prices greater than or equal to $1/share with a maximum of 2 decimal places. Orders for OTC securities can be placed at prices under $1/share with a maximum of 4 decimal places. Please be aware that orders placed with invalid price increments may be rejected by TA's or the marketplace. For more information, see FINRA Rule 6434.

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