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Tuesday, September 26, 2017 12:47:05 PM
Most of the trading is automated - the days of floor traders and desk traders are almost gone.
Why in the hell would a MM care about a sub-penny stock - I see this nonsense on every OTCM scam board - it is either ole Shorty or the MMs plotting against the stock - and it is always the insiders manipulating the price.
"At its height back in 2000, the U.S. cash equities trading desk at Goldman Sachs’s New York headquarters employed 600 traders, buying and selling stock on the orders of the investment bank’s large clients. Today there are just two equity traders left.
Automated trading programs have taken over the rest of the work, supported by 200 computer engineers. Marty Chavez, the company’s deputy chief financial officer and former chief information officer, explained all this to attendees at a symposium on computing’s impact on economic activity held by Harvard’s Institute for Applied Computational Science last month."
IG
"Straight Facts Homey!"
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