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Re: DizzyDaisey post# 23845

Tuesday, 04/10/2012 1:24:06 PM

Tuesday, April 10, 2012 1:24:06 PM

Post# of 38475
WDCO is a MM (Market Maker). Explained:

A market maker is a company, or an individual, that quotes both a buy and a sell price in a financial instrument or commodity held in inventory, hoping to make a profit on the bid-offer spread, or turn.[1] From a market microstructure theory standpoint, market makers are net sellers of an option to be adversely selected at a premium proportional to the trading range at which they are willing to provide liquidity.[2]