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Non-Tech : Meet Gene, a NASDAQ Market Maker -- Ignore unavailable to you. Want to Upgrade?

To: gene_the_mm who wrote (76)7/26/2000 10:43:47 PM
From: bowledover  Respond to of 1426
 
Gene, I appreciate your response. I did read your comments on options specialists and understand. I will have to check with my broker in the morning because I thought they were saying the 'locked/crossed' market was the stock, which means Nas. MM's I assume. I understand about JDSU and today's craziness towards the end; nevertheless, as I understand it 'locked/crossed' means something more than just heavy volume etc. and its attendant woes.

Thanks.

bowledover



To: gene_the_mm who wrote (76)7/26/2000 10:46:08 PM
From: Jack Hartmann  Read Replies (1) | Respond to of 1426
 
Gene, On a thinly traded Nasdaq stock, what is the allowable % spread between bid/ask. I have seen 5% and more. Welcome to SI.
Jack


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