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Strategies & Market Trends : Position Trading Forum -- Ignore unavailable to you. Want to Upgrade?


To: wily who wrote (5929)11/9/1998 5:48:00 PM
From: Canuck Dave  Respond to of 7247
 
Thanks Wily !! I'll check it out....



To: wily who wrote (5929)11/9/1998 6:04:00 PM
From: Canuck Dave  Read Replies (2) | Respond to of 7247
 
Wily, one more question....

Excuse my extreme ignorance, but what exactly IS a market maker? Is this a person (or persons), a hypothetical mass of bid/asks or something else?

I see people on a lot of the threads bashing the "MM"s, but whoever or whatever they are, it's ultimately no concern for me as long as I can buy/sell what I want.

CD