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Non-Tech : MB TRADING
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To: wily who wrote (2487)12/2/1998 11:02:00 PM
From: Rick Faurot  Read Replies (2) of 7382
 
<< If you are correct about the way it's routed to MMs, underbidding the best bid would be a good way to get out
at the best price in a falling market (I wonder if they can back away from orders under their bid).>>

Wily,

He means offering below the bid to expedite a sale. Can't be done on SOES, however. You could do it on ISLD or ARCA.

R
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