2min chapter

The Compound and Friends cover image

That Wasn't the Bottom

The Compound and Friends

CHAPTER

The Impact of Market Makers on Liquidity

Big institutions who are trying to sell got priority over retail. Retail had their own system on a parallel thing that they would be able to trade in and you had to be good for a thousand And then the bandits like looked at that and said oh wait a minute. There's not market makers really anymore and there's no specialist because you've taken away the margin right Right, so why would you do I mean you could do it? But if there's no margin in the business and you're taking a lot of risk from Minuscule Millicent, why would you ever do that? So what do we have today? Go ahead and try in a fast market to sell stock but you just

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