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firstamendment

06/12/08 9:37 PM

#24505 RE: Plat00nSarge #24498

The AH transactions are the toxics filling the MMs orders from the day. Say someone buys 1 million shares and NITE fills the order but doesn't actually have the shares available. At the end of the day NITE buys a 1 million shares from the toxics to actually fill the order and now everything is square.

It being Thurs the MM could be buying surplus shares so they have plenty of shares to fill orders and that way they won't have to do after hours accounting on a Friday afternoon.