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To: Jan Crawley who wrote (38742)3/10/1998 11:04:00 PM
From: Jack Colton  Respond to of 61433
 
That is my understanding of it.



To: Jan Crawley who wrote (38742)3/10/1998 11:22:00 PM
From: Matt Webster  Read Replies (1) | Respond to of 61433
 
My understanding was that it was double-counted, in addition to MM to MM activity. Example, I sell my 1000 to Schwab, which counts, Schwab sells to another MM (doesn't count), that MM sells to another customer (counted again). Is this not right?

Matt