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Re: Panicman post# 5881

Thursday, 06/11/2020 3:34:27 PM

Thursday, June 11, 2020 3:34:27 PM

Post# of 88580
PVDG--No dumb questions.

MM's are not required to show their entire inventory on the BID/ASK. They have an exception. Thought being that if someone wanted to buy a billion shares at XXX, that would inflate the price. Conversely, if someone wanted to sell a billion shares at XXX, that would crush the price.

Hope that helps.