As of today the liquidity band 6 applies for shares of JPMorgan Chase & Co. This means that for orders with a limit between EUR 100 and EUR 200, price increments of EUR 0.02 instead of EUR 0.01 will be accepted by the trading system in the future. All orders with limits that are not conform to the new price steps will be deleted by the system.
The liquidity band (tick size) indicates the smallest possible price change of an instrument. Uniform limit steps for stock exchange trading have been introduced with MIFID II throughout Europe.
The exact price intervals can be found in our detailed overview.