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Re: justicewillbesoon post# 16085

Wednesday, 10/07/2009 4:19:57 PM

Wednesday, October 07, 2009 4:19:57 PM

Post# of 17378
What is it that triggers their obligation to step into the market and make trades for themselves? I know they have an inventory, but at what point are they obligated to buy (or sell)?

I know they are there to "smooth out the trading cycle", but I've never seen anything to say that they are obligated (either by contract or anything else) to make trades. It also looks rather peculiar that they would even bother with a bunch of trades that were only valued at two cents each worth of MOBL stock.

Still curious,

stockdoc
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