Silicon Investor (SI) -- The First Internet Community

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.

Non-Tech : Knight/Trimark Group, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: GS_Wall Street who wrote (2390)	7/15/1999 12:58:00 AM
From: Joseph Silent	Read Replies (1) \| Respond to of 10027

Greg....... Thanks. I understand your explanation. I guess where I am stuck is that my understanding of the MM function is to provide liquidity. I find it hard to understand how an MM can "work with a client". If these aspects cannot be kept separate, I don't know how one can say there is no interference. An MM can do whatever he/she wants to price, within some limits, of course. You seem to be saying that MLCO the MM can be working with ML's clients to handle transactions. Imagine the consequences. What am I misunderstanding? Joseph