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panmunjomi

02/27/11 7:11 AM

#87569 RE: powerofthepenny #87561

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 the marketplace.

http://finra.complinet.com/en/display/display.html?rbid=2403&element_id=9338