duyogurt

duyogurt t1_j5u9vje wrote

Well that makes sense. One of the primary reasons NYSE deploys a hybrid model (DMM + electronic trading) is to dampen volatility, particularly at the open and close of trading. If the DMMs were locked out of some names, and they opened without DMM participation, affected names are going to open wildly out of step with the market.

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duyogurt t1_j4xugzd wrote

While I too fired BofA a long time ago, you completely lost me when you mentioned GS in the same breath while musing about people not obtaining accounts with the bank.

GS is an investment bank and does not do business with individuals. It does not provide checking or savings accounts, nor would any common person ever do 1x1 business with GS. BofA is an awful consumer bank as far as the industry goes but you clearly don’t know what you’re talking about.

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