LOL!
Shoot...get a market maker to sh*t or get off the pot is soemthing all traders eventually want to know...
you know what does it....?
buy 20k at his limit and he'll fill you on the 800 he's offering and leave,
maybe..
because he could take you up on teh 20k, he might have a limit order to sell the 20k at that price and doesnt want to show it....
hey, he could be yamner using an ECN , and heck,
those guys are good! <G>..they would never show 20k to go at that price but if you took their 800, they'd sit it out or go for a 1/16 more
Often, what I do for clients, if they or I am interested (i , in the sense that if I am working a buy order and want to get an indication of interest) will call the market maker, ask for the trader...might go something like,
" Nite"
" Steve at Yamner, let me speak to your trader in ABCD"
"Hold"
"Nite, tom here"
:Tom, steve at yamner, ABCD Corp, Alpha, Beta, charlie, Delta, I see youre offering 800 share at x, my client has an interest in some stock, not a large piece, but i wanted to showyou the order....X bid for 5000 shares" (not to him -i might have 30k to buy)....
"Sold to you, 30k ABCD at x"
:thanks tom, and if I get anything else, do you want a call"
"Sure, call, I've got more to go", or "no, thats fills me, but thanks".
"see you on act"
BTW...there is a section in Yamner Univ. will some soundbytes if they help...
yamner.com, i believe or yamner.com and then browsse for university.
Regards,
Steve@yamner.com |
