[weard_beard]

They provide liquidity by internalizing orders and never bothering to acquire the underlying. Isn’t that the definition?

[jcranmer]

What you're describing is a typical aspect of brokers. Market makers provide large standing buy and sell orders so that anyone who wants to buy/sell a security at ~market price can do so.

[weard_beard]

I just described the sausage making of, “anyone who wants to buy/sell a security at ~market price can do so.”

I’m sorry you don’t like sausage.

[Kranar]

No.