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To: Glenn D. Rudolph who wrote (20980)10/9/1998 6:07:00 PM
From: Frank Z  Read Replies (1) | Respond to of 164684
 
What if a stock is traded at NYSE and there is no market maker?

What does "at bid" means? is it a "buy" or "sell" ?

The seller of shares receives the bid price which is the lower of the bid and ask, of
course. The buyer receives the ask price. The market maker keeps the spread.

Glenn