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Question about NASDAQ Market Makers
According a spokesman for Nasdaq, each stock on the exchange has an avg of 11 market makers, with the largest volume stocks such as Microsoft having up to 50.
So, when a NASDAQ stock opens on a serious gap, as was the case, today, with Leap Wireless, who makes that decision? Is it a collective, or is it the mm with the largest stake? Thx in advance LEAP |
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