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janice shell

06/09/22 6:50 PM

#52912 RE: jseps0036 #52910

Because the brokers are often the counter party and trading against their own clients.

I beg your pardon? When people want to buy, market makers must sell to them. When people want to sell, market makers must buy from them. In reality, they're trading against their OWN interests.

But they do make money on the spread.