Replies to post #7150 on Sure Trace (SSTY)

[traderjack1]

I do find that interesting, hopefully it could start trading in the normal hours.

[balihi]

Here is something I have thought about for a long time,is this what is happening with SSTY?>>>>>>>Dealers
A stock market dealer trades equities under its own name. The business itself maintains stock holdings that are not in the name of any client. The dealer may actually be a client of another broker, so as to trade these stocks for its own account. However, unlike a "trader," which maintains her own account with a broker that affects no one else, a "dealer" may use its portfolio to offer services to the public. "Market makers" are dealer businesses that continuously buy or sell certain securities from the public, using their own holdings for these transactions. Thus they are in the business of dealing securities independent of an exchange.

Broker-Dealers
Many companies engage in both broker and dealer operations, making them broker-dealers. The securities these companies transact for the public may come directly from an exchange or from the company's own holdings. This depends on the business model of the company and type of transaction executed. Most of the well-known brokers are broker-dealers. This offers flexibility that often benefits clients. Such a company can sell its own holdings to the client which can increase execution time since the order is not actually placed at the exchange.