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Re: Itza-Sherbet post# 11232

Monday, 01/06/2014 11:19:37 AM

Monday, January 06, 2014 11:19:37 AM

Post# of 47873
OK, Robin, point taken. Despite direct access, Level II, etc., there is still no real transparency with regard to WHO is behind the trading -- but it isn't NITE, ETRF, CDEL or any other MM that is allegedly manipulating IMSC. They are basically computers that process orders from traders, including the 800 pound gorilla in the room, DMRJ. Anyone who blames stock movements on MMs in this day and age simply does not understand the limited role of MMs and how things really work in a liquid stock.

But sure, there are a lot of smaller MMs that trade for their own account, and some have been formed specifically for an individual or two to trade through.

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