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Re: Gmc2020 post# 28085

Saturday, 11/29/2014 3:56:02 PM

Saturday, November 29, 2014 3:56:02 PM

Post# of 144836
From that writing piece...


To execute a Market on Close” order, a market maker may have an order to purchase the stock at a certain price at the end of the trading day. This is the most unlikely scenario because it needs to be assured that someone selling the stock and someone buying that stock are agreeing upon a price. Simply put, this is more likely with insider buying and selling.

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