The Morse Code for Dealing with Market Makers and Specialists

Discussion in 'Order Execution' started by traderum, Dec 8, 2009.

  1. How to best deal with Market Makers and Specialists via the trading platform?
    Ie. I think there are some "morse codes" there, aren't?
    I'm sure the MM sends me such codes but I don't know how to interpret them.
    I think they use the fields BidSize and AskSize...
  2. Yes, pay attention to how often they "flash". The secret really lies in interpreting their sequential moves up/down & for how long they remain in "pause". Better brush up on morse code first, though!
  3. ..---..-.-.---...---..--.-.-.---.-.---.-.-.-.-.-....--.-.-..--..-.-.-.-.-.-.--...-..-.--.-.-.-.-..--.--.-.-..-.--....--.-.-.-..-.-.-.-...--

  4. try this, Its what all the market makers are using
  5. spd


    I, for one, find that offensive. I say good day to you sir.
  6. LOL
  7. Frankly I thought it was kinky! Never would've figured to do that with a Swedish air stewardess and a chicken.
  8. The code changes every day.

    It's not meant to be used by turkeys.

  9. t1ck3r


    Heh a secret code....very funny.
    #10     Jan 7, 2010