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Re: Dell_Griffith post# 936

Saturday, 06/11/2022 11:05:46 AM

Saturday, June 11, 2022 11:05:46 AM

Post# of 1523
No "GS" is a brokerage house. They have electronic trading (a bot) and a floor broker in the pit. Sometimes that broker (it could be any of dozens) will become a "specialist" which recently are now referred to as "DMMs" (designated market maker). They aren't Market Makers per se, as in pennystock market makers who short the stock. Their role is quite different. Perhaps this is where the confusion emanated from?

Here's more on the matter. Never too late!

https://www.investopedia.com/terms/d/designated-market-maker-dmm.asp
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