ringingbells OP t1_iueg2v3 wrote on October 30, 2022 at 6:32 PM

Reply to comment by NOSCommodities in Is it just me, or is a a Market Makers' role in Order/Execution/Settlement confusing? Question: The CEO of Webull talked about their Market Maker, saying: "We're able to buy a share without driving up the stock 10% every time?" What does this work with Price Discovery & Supply & Demand? by ringingbells

Thank you for writing this. I read it all the way through.

ringingbells OP t1_iua59eh wrote on October 29, 2022 at 7:19 PM

Reply to comment by emielbo2 in Is it just me, or is a a Market Makers' role in Order/Execution/Settlement confusing? Question: The CEO of Webull talked about their Market Maker, saying: "We're able to buy a share without driving up the stock 10% every time?" What does this work with Price Discovery & Supply & Demand? by ringingbells

No. Not exactly, it doesn't answer the question. The question was about Price Discovery/supply/demand as to why Webull can buy a stock without affecting the stock's price. I needed /u/Extremely-Bad-Idea's and /u/notausername86 comment for that.

ringingbells OP t1_iua51be wrote on October 29, 2022 at 7:17 PM

Reply to comment by notausername86 in Is it just me, or is a a Market Makers' role in Order/Execution/Settlement confusing? Question: The CEO of Webull talked about their Market Maker, saying: "We're able to buy a share without driving up the stock 10% every time?" What does this work with Price Discovery & Supply & Demand? by ringingbells

So, it's not just me, this shit is confusing.

ringingbells OP t1_iu9t5oj wrote on October 29, 2022 at 5:53 PM

Reply to comment by Extremely-Bad-Idea in Is it just me, or is a a Market Makers' role in Order/Execution/Settlement confusing? Question: The CEO of Webull talked about their Market Maker, saying: "We're able to buy a share without driving up the stock 10% every time?" What does this work with Price Discovery & Supply & Demand? by ringingbells

>"Marker makers are doing the exact same thing that exchanges do."

What trading volume, as a Market Maker or entity, do you need to hit to require induction as a public exchange?
For that matter, as a side note, what is the trading volume of the current market maker deck compared to public exchanges like Nasdaq, Cboe, NYSE, etc...?

ringingbells OP t1_iu9oa9o wrote on October 29, 2022 at 5:19 PM

Reply to comment by Extremely-Bad-Idea in Is it just me, or is a a Market Makers' role in Order/Execution/Settlement confusing? Question: The CEO of Webull talked about their Market Maker, saying: "We're able to buy a share without driving up the stock 10% every time?" What does this work with Price Discovery & Supply & Demand? by ringingbells

Thank you. So, let me get this straight: you are saying it doesn't affect supply & demand because it never actually gets purchased, the market maker just switches ownership within the company's sellers, keeping all that info internal to the Market Maker?

ringingbells OP t1_iu9mu22 wrote on October 29, 2022 at 5:09 PM

Reply to comment by Swiftnice in Is it just me, or is a a Market Makers' role in Order/Execution/Settlement confusing? Question: The CEO of Webull talked about their Market Maker, saying: "We're able to buy a share without driving up the stock 10% every time?" What does this work with Price Discovery & Supply & Demand? by ringingbells

Woah, guy... pull the E-Brake. Fuck my wife a little, and get some PNC.

ringingbells OP t1_iu9mogt wrote on October 29, 2022 at 5:07 PM

Reply to Is it just me, or is a a Market Makers' role in Order/Execution/Settlement confusing? Question: The CEO of Webull talked about their Market Maker, saying: "We're able to buy a share without driving up the stock 10% every time?" What does this work with Price Discovery & Supply & Demand? by ringingbells

Here is the article I got the thumb picture from https://www.fool.com/investing/how-to-invest/stocks/market-maker/