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Posted On: 04/02/2018 9:44:24 PM
Post# of 15624
All speculation....no proof of this post being true...and I worked in the industry...
This is what PUMA does:
Market Making
Puma Capital is an order flow destination, market maker for international banks, bulge bracket firms, and independent broker-dealers.
Market coverage includes Listed, OTC and International securities:
NASDAQ
NYSE
NYSE / ARCA
Common / Preferred
ETFs
OTC QB
OTC QX
OTC Pink
Market makers need to trade both sides of the market. They need to be somewhere on the bid and the ask at the same time.... They can trade for their firm as well as for their customers.
This is what PUMA does:
Market Making
Puma Capital is an order flow destination, market maker for international banks, bulge bracket firms, and independent broker-dealers.
Market coverage includes Listed, OTC and International securities:
NASDAQ
NYSE
NYSE / ARCA
Common / Preferred
ETFs
OTC QB
OTC QX
OTC Pink
Market makers need to trade both sides of the market. They need to be somewhere on the bid and the ask at the same time.... They can trade for their firm as well as for their customers.
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