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rlpflorida

08/11/23 12:59 PM

#213238 RE: rlpflorida #213237

Below is an excerpt from the referenced web page that might be of interest to others. I didn't know IM's between MM's are illegal...

"Market maker signals are something of an urban legend among traders. Instant messaging among market makers about trades queued for execution is prohibited by the SEC to prevent insider trading. Market makers get around this – so the theory goes – by buying or selling shares of penny and micro-cap stocks in increments of several hundred shares at a time. "

https://scanz.com/market-maker-signals/#:~:text=Market%20maker%20signals%20are%20something,SEC%20to%20prevent%20insider%20trading.
Bullish
Bullish