RE: RE: RE: Sold all my shares
SorryJohn: What is a market maker and what is an Algo trader? I amnot familiar with these terms and what the intent of each is. I lookforward to your explanation.
Garthk
Hi Garth
A Market Maker is a trading firm who has been assigned bythe TSX to make a market in a security. They are to be a buyer or seller ifthere is not one on the other side of a trade. So they usually are seen for add lots or small amounts ofstock. They are given certain privileges for doing this job. Jones Gable is theMarket Maker on TVI.
An Algo trader is an algorithmic trader who trades themarket using mathematical trading strategies (Computer trading). Algo traderusually ends up with no positions at the end of the day because offinancial/economical changes that can occur over night that would affect theirstrategies.