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Non-Tech : Market Makers - What They Do and How They Do It
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To: DanZ who wrote (179)3/5/1999 9:33:00 AM
From: Imuah  Read Replies (1) of 429
 
Dan and all

Why is it that in pre-open bidding amongst MMs for a given stock, the bid and ask prices seem to be reversed? Normally the bid price is given first and is the smaller of the two, but often, especially in the beginning of the pre-open hour, the first number is the larger.
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