Why are they wasting money like that ?

Discussion in 'Trading' started by ColdHead, Oct 8, 2008.

  1. ColdHead


    Hi guys,

    I'd like to know if someone knows why sometimes the market makers are using NYSE Ecn and cross it something like 30 or 40 cents higher or lower than the actual price ?? Why they don't just routed to the best price on other ECNs ??

    I could understand if the price would follow, but in some case it's absolutly a waste of money??

    TY for anwsering !! :O)