Timeline for Why do market makers sometimes quote absurd bid and ask prices rather than remove their quotes?
Current License: CC BY-SA 4.0
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| May 5, 2022 at 15:23 | vote | accept | Flux | ||
| Apr 23, 2021 at 1:18 | comment | added | RiverNet | just because they are not required to does not mean they do not. When I worked in investment banking, we specialized in otc stocks, and it wascommon to see this. | |
| Apr 23, 2021 at 1:17 | comment | added | Flux | There's one problem with this answer: market makers for OTC stocks have no obligation to maintain continuous two-sided markets. There is no rule that prevents the market maker from cancelling the quote. Perhaps TomTom's answer is correct: the stub quote exists because of quirks in the market maker's in-house software. | |
| Apr 23, 2021 at 0:03 | comment | added | RiverNet | ,this is a GREAT answer! Thanks for being so thorough! | |
| Apr 22, 2021 at 22:42 | history | edited | Flux | CC BY-SA 4.0 |
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| Apr 22, 2021 at 21:31 | history | edited | Flux | CC BY-SA 4.0 |
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| Apr 22, 2021 at 21:23 | history | edited | Flux | CC BY-SA 4.0 |
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| Apr 22, 2021 at 17:49 | history | edited | Flux | CC BY-SA 4.0 |
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| Apr 22, 2021 at 17:36 | history | edited | Flux | CC BY-SA 4.0 |
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| Apr 22, 2021 at 17:28 | history | answered | Flux | CC BY-SA 4.0 |