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Bullboard - Stock Discussion Forum Therma Bright Inc V.THRM

Alternate Symbol(s):  TBRIF

Therma Bright Inc. is a developer and partner in a range of diagnostic and medical device technologies. It focuses on providing consumers and medical professionals with solutions that address medical and healthcare challenges. It is involved in developing, acquiring, manufacturing, and marketing proprietary healthcare and medical devices for the consumer and institutional marketplace. Its... see more

TSXV:THRM - Post Discussion

Therma Bright Inc > TSX Market Makers are the one buying & selling - hold price
View:
Post by Watchman21 on Aug 15, 2022 4:26pm

TSX Market Makers are the one buying & selling - hold price

 

I am not surprised that its only the TSX Market Maker listed  that are trading today... last week... week before... and before that.  Pretty much since submission of FDA EUA in March 2022. (

 

These are the "Registered" approved TSX Market Makers assigned to the space/THRM:  (  https://www.tsx.com/trading/toronto-stock-exchange/order-types-and-features/market-maker-program/market-makers-list?id=33.
- National Bank 80,
- Canaccord 33,
- RBC 2,
- TD 7, &
- Virtu 14. 

This should signal to the "real" buyers and sellers what is really going on...   Straight from TSX Market Maker List:  https://www.tsx.com/trading/toronto-stock-exchange/order-types-and-features/market-maker-program/market-makers-list?id=33.)    

 

Totay's trades - Pretty much the approved/registered TSX Market Makers: https://stockhouse.com/companies/bullboard?symbol=v.thrm&postid=34896668

 

 

Benefits to TSX Market Makers: 

(https://www.tsx.com/trading/toronto-stock-exchange/order-types-and-features/market-maker-program)

 

Optional Registered Trader Participation feature that allows Market Makers - 

 

(1) to trade passively at the TSX BBO without requiring an order at the top of the book in order to accumulate or flatten a position in their assigned securities.

 

(2) Registered Traders receive preferential trading fees and are eligible for a monthly symbol credit per symbol of responsibility designed to offset various costs incurred by carrying out their Market Making responsibilities.


(3) Reputational benefit and industry-wide visibility associated with being an established trading firm that meets TSX requirements and allocation decisions.

 

THE KEY STATEMENT HERE ... Market Makers are allowed "to trade passively at the TSX BBO without requiring an order at the top of the book in order to accumulate or flatten a position in their assigned securities."

Comment by Knewbie on Aug 15, 2022 8:37pm
How about a break down in layman's terms? 
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