Friday, December 12, 2014 3:05:11 PM
Common sense will tell you that cannot be. For example, you saw the bid on CEHD the other day have 100,000 on it. Now if it were true that you must multiply that by 100 you would have the total know float exceeded by almost twice !!! That would certainly be an inaccurate bid to say the least! And probably breaks some serious rules regarding the MM'r obligation to make a market in fare and controlled conditions.
Does someone care to research the obligations and rules controlling the MM'r in detail? I don't think its worth the time as I feel that your understand of it is incorrect. I vote for common sense in this case. Nothing personal of course!
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