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Re: amc post# 12614

Thursday, 08/07/2014 10:52:20 AM

Thursday, August 07, 2014 10:52:20 AM

Post# of 58416
Unfortunately, they do not have to show their "entire hand" on L2... that's why you will see so many trades going off that you would think would take him out and it doesn't. Retail MM's like Etrade, Ameritrade etc. are more prone to show their complete hand.

Take a look at this quick video and you'll see what I mean... VFIN is first on the ask and even though he's showing 10k, the trades are going off like he has a bottomless pit full of them.

Always be wary of the MM's that are showing only 10k.