RE: Delayed trades28 Jan 2019 20:11
Answer — if you look at market size it is 50,000 for AEG , that is what a MM has to deal at in his quote ( , the rules )
If it bigger say 500,000 they can delay announcing an hour if they want to. Bigger again say 5m they can delay up to a maximum of 5 days . The principle behind this is it gives the MM a chance to trade out of that position before alerting the market , short or long .