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Re: siriusadult post# 6133

Wednesday, 05/23/2007 3:12:39 PM

Wednesday, May 23, 2007 3:12:39 PM

Post# of 9101
Listed stocks have Specialists not Market Makers. On the AMEX there is one assigned to it. There are also other exchanges who trade the stock as well, PACX (Pacific Stock Exchange,which went electronic a few years back I think) is the other more prominent Specialist. The other participants are ECN's (NASD, NASDAQ), which represent electronic orders from both the retail and institutional side.
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