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by lpage
1591 days ago
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Some EMMs are excited to leverage Expressive Bidding to quote more size with less risk. For example, I'll bid 200 shares of XYZ @ $10.00 XOR {1,000 shares ABC @ $9.99, -500 shares (beta hedge) DEF @ 19.98}. Folks also plan on using Expressive Bidding to enter other business lines that high startup costs or low margin (ex ongoing technology costs) previously kept them out of. |
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