what you see on L2 is what the MM puts out there. They are trading from their own inventory. Every order size they show can represent one trade order or multiple trade orders combined, and can be either for an outside account or for themselves. Remember, their job is to match buys and sells of all sizes and prices. You just don't know though. It's not like the bigger boards where you can see your trades go through on an automated system. Although, sometimes you do. I have several other OTCBB positions and when there is good volume, I can actually see a trade that appears to be mine; i.e. size and amount match and I get an immediate confirmation.
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