Meet Gene, a NASDAQ Market Maker Message Board

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Non-Tech : Meet Gene, a NASDAQ Market Maker

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To: gene_the_mm who wrote (17)	7/26/2000 8:19:33 AM
From: Dale Baker	Read Replies (1) of 1426

Hi Gene - The other day I had a limit buy (thru ETrade) for a stock at 5 1/4; the stock opened at 5 3/16 x 5 7/16. My bid never showed until the bid jumped over 5 1/2. Looks like there were prints at 5 3/16 but I don't have the tape to determine the size. Someone thought there was a rule exempting MM's from showing best bids for the first 15 minutes of the trading session. Never heard of that myself. True or just SI fiction?

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