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janice shell

10/01/13 1:27 PM

#51535 RE: Militia Man #51533

No they don't. If they short to provide liquidity, they do it at the ask. When they sell stock to someone who wants to buy.

They buy on the bid, when market participants want to sell.
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BigBake1

10/01/13 1:29 PM

#51536 RE: Militia Man #51533

No because what you posted doesnt show that, as there isnt a Regulatory NON TAPE TRANSACTION report sitting there showing you if it was in fact Short Shares, Short Position or a Riskless Principle transaction. I could have sold 300,133 shares in a long position trade to get rid of this filth out of my account, and because it required an MM to complete the transaction between myself and the buyer of those shares it will be marked short as per SEC rule 200 requirements simply because that MM doesnt own the shares in the long position transaction between myself and the purchaser.

Riskless Principle is how it works in the OTC, sell to actual buyers and purchase from the seller the actual shares, preventing an MM from being stuck with worthless illiquid securities such as this from polluting their principle account.