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Re: grimreaper post# 5381

Wednesday, 02/17/2010 10:00:40 AM

Wednesday, February 17, 2010 10:00:40 AM

Post# of 7895
I’ve been told consistently by E*trade reps that on the OTC market what you see are not necessarily firm bids and offers - they can be merely an indication of approximately what the bid or offer may be. In other words, the MMs are not obligated to fill orders at the prices they put up as they are on the exchanges.

I've never looked into this to find out if this is correct.

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