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Strategies & Market Trends : From the Trading Desk

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To: Scott who wrote (2678)3/10/1998 7:42:00 AM
From: steve goldman  Read Replies (1) of 4969
 
Scott, you post makes it sound like the MM are a different entity that the broker. Most large firms have a market making division. As well, many firms nondiscrimintorily route their orders to these mm/brokers for order flow compensation, hence the $9.00 dollar trade.

Regards,
Steve@yamner.com
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