Open Call: Round Lot Reform

On December 9, 2020, the SEC adopted rules to modernize the infrastructure for the collection, consolidation, and dissemination of market data for exchange-listed national market system stocks. This past April 2021, the SEC’s infrastructure amendments were published in the Federal Register. There is a long road ahead before these amendments to Regulation NMS will be implemented.  

In the meantime, there is a large segment of market participants who favor one of the amendments pertaining to round lot reform and believe it can be implemented separately and as a stand-alone event by the listing exchanges voluntarily changing round lot sizes in their listed securities to match the infrastructure rule’s requirements. 
Please join us as we discuss the SEC’s Infrastructure Rule, what it would mean if the industry implemented round lot reform sooner, and how could this be achieved.

Adrian Griffiths
Head of Market Structure
Jim Toes
President & CEO
Thursday, July 8, 2021
4:30 p.m. – 5:00 p.m. EDT
Dial In 1.888.788.0099 Meeting ID #867 8979 5191
Zoom Link will be sent at 3:30 p.m. EDT.
Can’t make the call?
No problem, register and we will send you a post-call report.