Dp specialists and market makers actually do what they are suppose todo?

Discussion in 'Trading' started by mahram, Mar 14, 2006.

  1. Just wondering on what you Eters think of specialists and market makers. Do you think they actually do what they are defined todo:A broker-dealer firm that accepts the risk of holding a certain number of shares of a particular security in order to facilitate trading in that security. Each market maker competes for customer order flow by displaying buy and sell quotations for a guaranteed number of shares. Once an order is received, the market maker immediately sells from its own inventory or seeks an offsetting order. This process takes place in mere seconds.
  2. MM's on the Nasdaq are trading against the order flow. It's ridiculous really.