Replies to post #45186 on VirExit Technologies Inc (VXIT)

[McSh00ter]

MM's are what give the stock liquidity to run. Without MM's there is no market.

GO $VXIT$

[McSh00ter]

Here is one of the new MM's on VXIT L2

INTL FCStone Inc., through its subsidiaries, is a leading provider of financial-services execution, risk management, market intelligence, and post-trade services across asset classes and markets around the world.
A Fortune 500 company with a nearly 100-year track record, the company focuses on providing products and services within the commodities, securities, foreign exchange and global payments sectors. INTL customers include the producers, processors and end users of virtually every major traded commodity; commercial counter parties; and governmental, nongovernmental and charitable organizations. The company also serves institutional investors, brokers, professional traders, CTA/CPOs, proprietary trading groups, commercial banks and major investment banks. Headquartered in New York City, the company is listed on NASDAQ under the ticker symbol "INTL".

[drewdawg]

Market Makers
Market makers are licensed broker-dealers that work for firms to mitigate client orders in the open market. They compete with other market makers by posting the required bid and ask price and size quotes for every stock they make a market in. Market makers get order flow information and will trade in the open market to fill the order for a profit. The profit comes from the spread between what they paid for shares compared to what the client is charged. When market makers complete large order transactions, they will often post the blocks on time and sales. Unusually large blocks are likely market maker transactions that have been completed earlier.

Who are the Market Makers?
Market makers work for broker-dealer firms. As the name states market makers make markets in stocks. They are licensed dealers that are obligated to provide liquidity and assume the risks associated with holding an inventory of shares in stocks they cover in order to maintain an orderly market and facilitate trade transactions. They are obligated to always provide a bid and ask quote during market hours and be ready to buy and sell at least 100 shares of stock they make a market in. They compete with other market makers and electronic communication networks (ECNs) for trades and try to profit from the bid and ask spread of their fills. When an institution decides to buy or sell a large amount of stock, they will spread their block orders through multiple market makers to attain an efficient average price without making too much market impact. As the role and access of ECNs and dark pools has grown through the years, market makers have seen a steady decline in numbers and activity. Market makers are some of the largest users of high frequency trading (HFT) and algorithmic trading programs, which account for up to 70% of all daily trading volumes.

source: https://www.investorsunderground.com/level-2/market-makers/