Mar. 31, 2023
March 31, 2023 This rule is important and essential in improving fairness and transparency in our capital markets. I think that the proposed tick size regime, variable minimum pricing increment model, and revised round lot definition are important steps towards promoting fair and transparent pricing across trading venues. We strongly support the harmonisation of tick sizes across all exchanges and the elimination of rebates and other inducements in the marketplace. I think it is imperative to establish a zero or very low fee structure to eliminate the potential for trading for the sake of volume. We also support the acceleration of the revised round lot definition and odd lot dissemination on the SIP to enhance reporting efficiency and reduce delays.