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: Herschel Rubin who wrote (4722)	10/8/1999 7:55:00 AM
From: gbh	Respond to of 10027

Thankfully, as a risk bearing MM NITE doesn't make its money off the spread like the older nobrainer inefficent MM's which are having their lunch eaten by Shark NITE. Herschel, not sure about the accuracy of this statement (or who made it). NITE, like all MMs, puts up their own capital on every trade/execution. Their lowest risk scenario is to immediately "flip" the shares and "earn" the current spread. My guess would be that this scenario is played out as often as is possible. Gary