Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: James F. Hopkins who wrote (20747)	6/22/1998 12:15:00 AM
From: Vitas	Read Replies (1) \| Respond to of 94695

Jim, the Nasdaq "double volume" phenomenon is not quite double; it is probably a 40% overstatement. When a brokerage firm gets the order and sends it to their own or otherwise favorite MM, the MM has two choices - fill it from their own inventory, in which case the volume is accurate, or if they don't want to do that, they buy from or sell to another MM first, and then fill the order themselves, which is where you get two volumes reported for what is essentially the same transaction. Or something like that. Vitas