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Re: InfamousMP post# 31028

Thursday, 11/20/2008 1:30:04 AM

Thursday, November 20, 2008 1:30:04 AM

Post# of 68510
I read the A/H description as sort of a "public good" thing. It allows "off the books" transactions because the opening the next day does not show the true "last trade" price in the opening price. A court ordered sale that would hurt shareholders seems like public good to lessen the impact. The justification would be "public good" or just bookkeeping for MMs.

My problen with #1 is I don't see how MMs would make money. My understanding is that they like to make money.

Tomorrow..

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y