RE: Why wait20 Mar 2019 21:53
I’m curious what will happen to the SP on the permits being awarded. Say, for example, this happens intra-day, do the MM’s just mark it up instantly or will people have to buy shares for the SP to rise? We’ve all seen periods where there’s been lots of buying but the MM’s don’t raise the SP at all. So surely there has to be some manual intervention in the MM’s pricing systems for the SP to go crazy high?
I would absolutely love to work in a market maker for a while to see how shares are priced and how they decide to price a share on news, both good and bad news. Must be fascinating and give you a great insight as a trader working in the market.