China Yibai United Guarantee International Holding Inc (CBGH)

[m0n]

CBGH MM ETRF INFO

So what I dont get is, ETMM was always on L2 which is eTrade. ETRF just appeared 6/19/2012 which is ETRF Chicago, IL Order Entry. After doing some digging, this is what I found:

past this in your browser etrf.etrade.com

You will be taken to Etrade International Market Maker Global Execution & Trading Solutions logon page. Since I trade thru Etrade I tried to logon (I also have an international acct as well but never traded). I was not able to logon and got the following message:


Sorry, IMM is available only during Business Hours
IMM Business Hours are 8am-6pm CST (Daily) and site is closed for business during this hour.
Please return during business hours.

It also had a logo with Etrade Financial Capital Markets

So its apparent its an international buyer/seller but why all of a sudden? Yes, we could have had never investors from CHINA come in and buy but we always had the ETMM MM on L2

IMO, this is a sign coming from someone overseas trying to grab cheapies if it gets to that point, or obviously sell at a higher price.