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Non-Tech : Meet Gene, a NASDAQ Market Maker

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To: bowledover who wrote (74)7/26/2000 10:29:34 PM
From: gene_the_mm  Read Replies (2) of 1426
 
BOWLEDOVER...

I will admit that there are 'bad apples' in every bunch.

However, do you realize that calls and puts are traded on the Chicago Board of Options Exchange? This is not to sound sarcastic but I think you are confusing NASDAQ MM's with Options specialists, in which case I refer you to my post #66 and WHOLEHEARTEDLY agree with your complaints.

I will say that JDSU had one of the single heaviest volume closes in NASDAQ history, if not the heaviest. Thus, there was MASS chaos going on in getting orders executed in a timely, organized manner. I will in no way defend the CBOE options specialists though. You all know my thoughts.

All the best,

-- Gene
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