Anthony @ Equity Investigations, Dear Anthony, Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: genejockey who wrote (21407)	3/16/1999 9:02:00 PM
From: IJReilly	Read Replies (2) of 122087

N. Howie- I have appreciated your commentary on MM activity; however have you considered that ARCA and ISLD (and other ECN's) are not the only places where orders are filled? A good percentage of retail and institutional orders are still filled by the market makers. So a lack of ECN activity does not necessarily mean no public orders are being traded. Granted, the ECN's are where a lot of day-traders paper is filled, but I believe E*Ttrade still uses HRZG a fair amount,for example, and other online brokerages use MM's as well. When you see a MM accumulating or selling a big position, there's a good chance it's an institutional order he's filling. I'm not saying the MM's don't play games or trade a lot for their own account; just that you can't assume all their trading is for themselves. IJ

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next