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Non-Tech : Meet Gene, a NASDAQ Market Maker
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To: gene_the_mm who wrote (66)7/26/2000 11:15:25 PM
From: jjs_ynot  Read Replies (1) of 1426
 
Gene,

I believe that you are right on the money.

I have seen a large number of times where the specialiast/market Maker (the particular form depends on the exchange) back away from the bid on a limit order.

FWIW, CBOE seems to be the best of the lot. AMEX and Philly are just plain rigged. A competitive interexchange trading system is planned and MAY help.

regards,

Dave
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