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Technology Stocks : Intel Corporation (INTC)
INTC 46.48-4.5%3:59 PM EST

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To: jaypeter who wrote (7830)1/10/1997 11:09:00 PM
From: H.P. Yee   of 186894
 
Jaypeter,

can you give an example how a large spread let MM make profit?, Let's the ask is 35, and bid is 34, the spread is $1, what does MM do to make a profit on this $1 spread?

I know that MM makes profit on spreads, but I couldn't figure it out how.

Thanks

-H.P.
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