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JD400

08/30/13 6:52 AM

#3054 RE: gharma #3053

I think It's EOM clearing for the MMs, happens every month at the last days of the month. They have to report the shares they should have bought or sold during the month or buy them or sell them before the monthly reporting period. Not like in years past when they could drag them into the following month.

NYSE Arca Options - New York Stock Exchange
www.nyse.com/pdfs/Arca_Options_Market_Maker_Orientation_Manual.pdf · PDF file

NYSE Arca Options Market Maker and ... on demonstrated legal or regulatory requirements or other ... measured on a monthly basis. A Market Maker may be …