Quote Originally Posted by blackcap View Post
Hey Benny1, if you look at the depth of FNZ as at 11.28AM you will see on the bid a buyer for 75,000 shares at 2.21 and a buyer for 100,000 shares at 220.5.
On the sell side you see a seller of 75,000 shares at 222.2 and a seller of 100,000 shares at 222.7.
These are your market makers. No problems with liquidity ever.
Cool...thanks for that blackap...i didn't think about the marketmaker making their profit from the spread,makes sense now.I take it that they are normally brokage firms that act as the marketmaker?