Question about NASDAQ Market Makers

[Your Mom]

good stuff guys and this is what I deal with all day long. People entering in dumb orders and complaining when they get taken to the cleaners. Most of what happens is completely legal and makes perfect sense once you understand it. You have to be smart when entering in your orders and you have to be cognizant of everything that can affect prices in the short run.

There are a few things that could be done that would help the retail investor. Getting rid of Reg NMS would be a start. Blowing up the AMEX would help too, though their influence is getting smaller and smaller as Listed Securities are being much more heavily traded by NASDAQ (INET) and other ECNs.