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Strategies & Market Trends : From the Trading Desk

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To: steve goldman who wrote (3362)7/11/1998 4:13:00 PM
From: Steve Greenberg  Read Replies (1) of 4969
 
Steve I had a couple of Questions about Market Makers

1. When I do a SNET broadcast how does this appear on their screen ? Does it scroll by out of their site after a certain period of time ? If I do a preference does this set off an audible alarm, flash or present itself different on their workstation as opposed to a broadcast?

2. Any way to determine the Short Interest of the Market Makers on a stock ? I understand the normal Naz stats to not include this.

3. With the new system proposed for Nasdaq... Will all transactions basically be anonoymous? In other words you do not know which MM you are buying from or selling to ? Will Individuals have the same standing as Market Makers when it comes to buying on the bid and selling the ask? Do you think the structure of this system will reduce volatility?

Thanks Steve. A always reccommend traders visit this thread and read ALL your posts for an education in trading. I have learned so much from you over the past year, hard to express how crucial a compent you have been in my education.
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