We find common ground often when in discussion.
Perhaps we could touch a subject that we've visited previously.
I've described being able to purchase stock at all times because market makers are legally mandated to stand ready to buy/sell continuously.
When a market maker is forced to allow you to participate that means he can incur losses that he can't control. (with legal means)
So, if a market maker is forced to allow you to participate why is he risking personal losses? Unless 'any' type of 'buying participation' you could muster always results in a loss for you, how could it ever be safe for them?
(We don't need consent to buy and yet we can't rape them. You must be joking RCMP)
Certainly, you wouldn't set up a system where no matter how you participate it is always a loss for the person buying stock AND YET if you didn't then the market maker is vulnerable. AND IM LAUGHING ALL THE WAY TO THE BANK :)))
It seems he's running a participation allowance program (PAP) certainly he shouldn't risk personal losses if he cannot control the timing/quantity of his trades? Or who he participates against.
Technically the losses that a market maker incurs should fall upon the flag that market maker represents.
Which could theoretically allow any 1 stock to go to infinity and that would certainly wipe out market makers entirely and we'd still be left with being mad that we weren't paid even more by the flag he was representing.
Present day for this Canadian is being better than everyone in North America at telling the truth and living the win unrealized as of yet.
Bullish