Decimalization Roundtable: AgendaHosted by Division of Market Regulation U.S. Securities and Exchange Commission December 11, 2000 Room 1C30 - William O. Douglas Room 2:00 p.m. to 5:05 p.m.In order to facilitate our discussion on decimalization the following agenda has been provided. Discussion times have been recommended so that all the major issues can be addressed during the course of our meeting. I. INTRODUCTORY REMARKSChairman Levitt, Commissioner Hunt, Commissioner Unger (Time: 2:00 p.m. to 2:05 p.m.) II. IMPACT OF DECIMALIZATION ON THE MARKETS1. SPREADS, QUOTES, AND LIQUIDITY(Time for Discussion: 1 hour: 2:05 p.m. to 3:05 p.m.) 2. PRICE PRIORITY(Time for Discussion: 1 hour: 3:05 p.m. to 4:05p.m.) 3. ORDER PLACEMENT AND TRADING STRATEGIES(Time for Discussion: 20 minutes: 4:05 p.m. to 4:25 p.m.) 4. SHORT SALES(Time for Discussion: 15 minutes: 4:25 p.m. to 4:40 p.m.) III. SYSTEM ISSUES(Time for Discussion: 20 minutes: 4:40 p.m. to 5:00 p.m.) IV. CONCLUDING REMARKSAnnette L. Nazareth Director of the Division of Market Regulation (Time: 5:00 p.m. to 5:05 pm.) |