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Author Topic: BID VS ASK
wannabe_trader
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i have a question .. newbie question:

is the bid and ask is done only by the MMs?? meaning if i'm selling ... am i selling to another person or only to the MM .. same with bid...

Posts: 245 | Registered: Oct 2004  |  IP: Logged | Report this post to a Moderator
Bob Frey
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The bid and the ask are posted to the exchanges by the market makers. It may represent your order or someone elses.
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Junky
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i believe u can trade OTC:BBs with thru GNET, a market maker, and you can affect the bid/ask yourself, instead of buying from/selling to the MM. trades cost 35 dollars though. not sure about other restrictions, if any. u'll need a direct access broker to accomplish this.
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