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RFB

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Alias Born 07/07/2011

RFB

Re: Prudent Capitalist post# 9891

Thursday, 12/08/2011 2:54:22 PM

Thursday, December 08, 2011 2:54:22 PM

Post# of 96920
Prudent I would caution. By SEC/trading rules, the only volume the MMs are REQUIRED to show is normal market orders. If the order is placed as a limit or has other qualifiers on it (AON, etc) they are not required to show that volume on Level II. Confirmed this with a few brokers. Simply, while I agree with you volume is thin on the ask to a certain point, it is not as thin as it may appear....Best of luck!
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