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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 (195)7/29/2000 10:54:02 PM
From: Druss  Respond to of 1426
 
Gene--Thanks for the explanation.
I have never had any intention of trading after hours. One reason being the spreads, the other the random aspect of moves in the later market.
I had figured the weird shifts in stock prices were due to the limited trading going on. I did not know why the spreads were so extreme, stands to reason most MM's would rather go home. One of my objections to the extended hours was I don't want to watch stock 24 hours a day.
All the Best
Druss
I have added a new item to 'Really stupid things you can do in the market': Put in a market order in after hours trading.



To: gene_the_mm who wrote (195)8/2/2000 2:24:31 AM
From: B Hamilton  Read Replies (1) | Respond to of 1426
 
Hello Gene,

You have confused me. If there are few, (or no), MM's in the afterhours market then how can there be a spread at all? Are all prices in the after market Limit orders? Is the bid price the highest price on the Limit order list willing to buy shares and the Ask price the lowest price on the Limit order list willing to sell shares?

How are orders filled in the after market?

Sorry if these questions have been previously answered. I have not read all 300+ postings.

Thanks,

BH