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Re: kex0414 post# 20075

Tuesday, 06/30/2015 1:46:49 PM

Tuesday, June 30, 2015 1:46:49 PM

Post# of 43559
More like pennies not bucks. MM job is to provide liquidity, and by doing so it creates a risk environment for them. In return, the MM can profit or lose money - yes lose money.

A MM (as i did) trade many issues at once. How they generate a positive
P/L is through constant order-flow of a given issue - It gives them an edge - yes pennies X shares = Profit$

With GFTI there is no crazy hidden conspiracy by a MM expect the management LOL.

Pick up the series 55 book (available online OR apply for an internship program for a jr trade at a MM (nite) desk. You will learn so much and see trading in a whole different view point. I can refer you. wink

BTW I have Scott. They do but its account by account basis. I won't have a problem sending a MO for a pinkie. Also I have TD, which i love.


Just My Opinion smile
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