Sunday, April 13, 2014 8:42:59 AM
Two, when a market maker finds an approved application in the library, they consider whether or not it's sufficient to file a 211 with the exchange. If a market maker files to trade, it takes about 3 days for the application to be approved. (Yes, there is a bit more to it than that, but since we're not privvy to the process it makes little sense to discuss exactly "how the sausage is made").
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