Stock Ethics and Philosophy 101

[Brad S]

The quotes/trading by market makers are done by computers in the OTC,correct?

For the most part, yes. I suspect when a large buyer or seller enlists the help of a market maker, it's a little more hands on.


Software or a human being places the quotes on the level II?

Software.


A human never see's or controls the majority of the trades?

Never would probably be a strong word. I would imagine there's some human oversight on the software programs to ensure they're working properly.