DD Support Board and Research Team

[tedpeele]

MM manipulation?:

A post from another board:

<<What they do is put in a small order (the min amount required to "show" on L2 at the given price) that matches the top bid or low ask, then simply program their system as follows:

1. For orders at the same price, fill the in-house order first
2. Tag that in-house order with additional programming that indicates how much they really have/want at that price.>>

Nonsense? If so, how do you know it is nonsense? As I've stated previously here #1 happened to me and my broker verified the 'in-house first' action. IMO that alone 'encourages' the price to go the direction I wanted because it encourages me to pay a higher price since the mm snuck in in front of me in the line. So all that is needed is for the mm program to be set to do #1 constantly one way (through #2) if they want to encourage the stock to move that way.