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Strategies & Market Trends : From the Trading Desk -- Ignore unavailable to you. Want to Upgrade?

To: Dan Duchardt who wrote (2466)1/28/1998 9:47:00 PM
From: John J H Kim  Respond to of 4969
 
I beleive it is a requirement for them to disclose the fact that they make market on a particular issue to a client. I'm a graphic designer who designs newsletters for a wall street firm. And each time they recommend a stock in which the firm makes a market, it is required that they disclose that fact (in small print ofcourse).



To: Dan Duchardt who wrote (2466)1/29/1998 1:12:00 AM
From: Whipsaw  Read Replies (1) | Respond to of 4969
 
There was an explanation of this over on the Datek thread. They are not really making markets, except in a few stocks. The MM designation is a result of their relationship with Island.

--Whippy


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