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Alias Born 06/07/2005

Re: None

Wednesday, 11/09/2005 12:10:32 PM

Wednesday, November 09, 2005 12:10:32 PM

Post# of 311057
They really need to establish a law to prevent MM from ripping off investors. Based on L2 it appears that they are pocketing over $300 per 100K block trade ($0.005 buy followed by $0.008 sell and $0.003 buy followed by $0.006 sell). All of that is on top of a trader's commission. Seems like we need a cap on how much spread a MM can keep for themselves.