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Alias Born 06/04/2012

Re: None

Thursday, 03/14/2013 5:18:20 PM

Thursday, March 14, 2013 5:18:20 PM

Post# of 163719
The programmed trading invovles liquidity. It can only happen with many MM's trading at the same time, in both directions. What it boils down to is that one MM's computer is betting in one direction, and another MM's computer is making the opposite bet. Whichever one guesses right gets the profit.

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