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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?

To: Glenn D. Rudolph who wrote (37280)3/3/1998 12:15:00 PM
From: blankmind  Respond to of 61433
 
The market makers do not get an even amount of volume orders. They trade shares among themselves typically without a spread which is why you will see some odd trade post price of x/64ths. These shares are also counted as volume and studies have shown it to be about 25% of the NASDAQ volume. - glenn d. rudolph

thank you for taking the time to explain this to me, i had never heard this before.


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