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andrius

01/06/05 12:38 PM

#15431 RE: pickspicks1 #15428

don't blame SCHB. Lately I noticed with OTC/pink stocks SCHB has been showing orders same as ECN!!!! I think since they are leaving the MM business and they don't trade the spread anymore and represent the order at the price its at. Say if I put a order .0511 for some stock SCHB will come up to .0511 on level II. Which basically means that the SCHB asks .0002 are just .0002 sells some big investors got out. All the other MMs with .0002 sells are asking .0003 because they want to get a buy at .0003 before they fill the sell @ .0002.