Are you asking about equity MM or option MM? If there were such a list, what value would it give you? Equities, you can view some on the Level 2 display, then add the NYSE specialist-if there is one-and all the automated HF firms on the street. http://www.prnewswire.com/news-rele...esignated-market-maker-on-nyse-300215855.html https://www.kcg.com/market-making http://www.thetradenews.com/Sell-side/GTS-acquires-Barclays--market-making-business/ just some.
Wishing to keep this conversation polite, but I don't think HFTs deserve the accolade of market maker !
Tim, The days of regional broker firms making markets in listed Nasdaq stocks is behind us. Most of the liquidity comes from order routing by retail firms to the names that we call know, polite or not, it is just the facts of today's market. You can judge that, I'll pass. Bob
Market Maker has responsibility to offer liquidity when market changing fast, sometimes MM has to offer bid/ask against market trend. MM also has priority to close a deal at same price. I thought MM has signed contract with listed company. But according to your opinion, this kind of MMs have disappeared from market?
What you are talking about is the specialist system on the NYSE and AMEX. They are called designated marketmakers now. It's a few high-frequency firms that make all these markets now. Nasdaq MM have few requirements vs the NYSE.
HFT firms are not market makers, they are noise. They serve no useful purpose. Go read up on NANEX if you want more detail.
I think I have enough knowledge on this side of the buiness without reading that. Do you think that equity MM make markets by pointing and clicking or answering phones? It's all automated with PFOF.
Depends what and where you trade. You don't need to bend over and get screwed by the HFTs. Good to hear Lightspeed is a PFOF shop !
This is incredibly misguided. It's clear that there is confusion between toxic HFT activity like spoofing, and liquidity providing/arbitrage. The later provides a great service to market quality and price discovery. As a side note, NANEX and its affiliates are one step away from flat out conspiracy theorists and the likes of Zero Hedge.