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Strategies & Market Trends : A Simple List of General Do's & Dont's of Trading:

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To: Follies who wrote (611)4/28/1998 11:00:00 AM
From: Arthur Tang  Read Replies (1) of 769
 
Thank you, Dale. In Nasdaq trading, you trade with the brokerage trading desk or clearing house first. If they do not have the stock then they may go to any market maker who has stock or who will buy stock. A good stock may have 60+ market makers. The trading desk or clearing house will always buy your stock, if you bought in house. This is the mechanics of procedure of trading. No morality involved. Rules followed the agreement between broker and his customer. Watch your broker and his trading desk people, not the market maker.
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