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Re: MU_Redskin1 post# 277017

Sunday, 01/08/2023 8:14:38 AM

Sunday, January 08, 2023 8:14:38 AM

Post# of 347558
Sorry for the delayed response, vacationing still lol.

GLED is not necessarily institutional, but more does support similar practices as PAUL in the past.

CDEL
rarely toxic diluters, they can be heavy short sellers at times though. They are obviously a large wholesale broker.


NITE
Probably top of the heap MM of the OTCBB. Major intimidator in the markets. NITE is the shaker on most stock runs. Most commonly is the ax.

(You are familiar with what the ax is in level II I am assuming? This is the market maker that controls the price action in a stock. You can find out which market maker this is by watching the level II action for a few days, the market maker who consistently dominates the price action is the ax. The ax isnt always trading the stock in one direction or another. Sometimes they keeping it in a tight range and sometimes is not there at all and another ax may step forward. Sometimes there is no ax present. The ax is not static. On any given day any MM can be an ax, there may be one ax in the morning and another in the afternoon. If a big order comes onto the trading desk of a firm that doesnt do big volume in a certain name, the ax will take care of it and command the action. An ax can easily use an ECN to hide much of their action. They can and will use fake outs.)



INTL
Probably largest international securities trade broker in OTC. FINRA and Bloomberg rank them as largest foreign securities OTC broker.


GTSM
GTSM is the largest DMM at the NYSE responsible for a large majority of the market capitalization.

Hope this helps. Best of luck for you in DBMM!!