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Strategies & Market Trends : Level II Trading

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To: 2sigma who wrote (524)	4/23/1998 7:35:00 PM
From: Darren	Read Replies (1) of 1086

Re: CUBE MM's For Thursday, using Cybertrader Hammer: MMID #BID MMID #ASK SBSH 11 MASH 24 MASH 8 OLDE 10 MSCO 7 NITE 10 DEAN 6 MLCO 5 TSCO 4 MSCO 4 Smith Barney was the big buyer, MASH (Charles Schwab) was the big seller...this does not represent every possible trade, just the number of times the MM was hit on the inside Bid/Ask. He could bail and it wouldn't count it. He could keep buying/selling and only get credit for 1 sale, or he could buy/sell outside the inside Bid/Ask...

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