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janice shell

03/19/07 12:34 AM

#51550 RE: heavy d #51548

They find a market maker willing to make the trade, or trades. PNMS trades unsolicited, which means that no MMs are actually making a market. But they're allowed to fill orders if the broker who transmits them has a genuine client interested in buying or selling. What they can't do is publish quotes.
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Dionne

03/19/07 12:56 AM

#51555 RE: heavy d #51548

they go short!
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TheBigKahuna

03/19/07 1:04 AM

#51558 RE: heavy d #51548

Here in California it is called counterfeiting