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endlich0

02/03/15 10:18 PM

#27551 RE: taldhaliwal #27550

sec-definition:
"Market Maker

A "market maker" is a firm that stands ready to buy and sell a particular stock on a regular and continuous basis at a publicly quoted price. You'll most often hear about market makers in the context of the Nasdaq or other "over the counter" (OTC) markets. Market makers that stand ready to buy and sell stocks listed on an exchange, such as the New York Stock Exchange, are called "third market makers." Many OTC stocks have more than one market-maker.

Market-makers generally must be ready to buy and sell at least 100 shares of a stock they make a market in. As a result, a large order from an investor may have to be filled by a number of market-makers at potentially different prices.

endlich0

02/03/15 10:41 PM

#27552 RE: taldhaliwal #27550

also on this board------911 buy
why dont they use phones???because that is not allowed for insiders????

Penny traders believe that Market Makers (MM) will "signal" moves in advance buy using small amounts of buys or sells as "signals". The "signals" are such a small amount of shares (worth no more than 5 or 10 dollars) that no trader would have paid a commission that costs more than the amount of shares bought. The "signals" are from one MM to another.

100 - I need shares.
200 - I need shares badly,but do not take the stock down.
300 - Take the price down so I can load shares
400 - Keep trading it sideways.
500 - Gap the stock. This gap can be either up or down, depending on the direction of the 500 signal.
911 - Pending News







List of Active Market Makers BEST BEAR, STEARNS & CO. INC.

BMIC BILTMORE INTERNATIONAL CORPORATION
DATA Track - ECN (DATA)
DOMS DOMESTIC SECURITIES, INC.
ETRD E*TRADE CAPITAL MARKETS LLC
FLCR FULCRUM GLOBAL PARTNERS LLC
HDSN HUDSON SECURITIES,INC.
HILL HILL THOMPSON MAGID & CO., INC.
INTL INTL TRADING, INC.
JEFF JEFFERIES & COMPANY, INC.
MAXM MAXIM GROUP LLC
NITE KNIGHT EQUITY MARKETS, L.P.
PERT PERSHING ADVISOR SOLUTIONS LLC
SACM STERNE AGEE CAPITAL MARKETS, INC.
SBSH CITIGROUP GLOBAL MARKETS INC.
SCHB UBS CAPITAL MARKETS L.P.
SUSQ SUSQUEHANNA CAPITAL GROUP
TASL Tradition Asiel Securities Inc. (TASL)
TDCM TD WATERHOUSE CAPITAL MARKETS, INC.
TRAC Track ECN
UBSS UBS Securities LLC (UBSS)
VERT THE VERTICAL GROUP, INC.
VFIN VFINANCE INVESTMENTS, INC