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It's just algorithmic market-making".
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(It would be called market-making).
"Dodd-Frank specifically allows hedging and market-making transactions".
Banks say the rule will hurt their market-making businesses.
A possible acquisition could kick off even more deal-making in the market-making sector.
He called the March 10 and 11 sales "classic market-making".
Its seven market-making firms lost a record $135 million.
How would the rule distinguish in practice whether a bank's market-making inventory was purely market-making or was straying into betting the firm's capital?
* Knight cites "technology issue" in market-making unit.
* US CFTC to examine hedging, market-making exemptions.
* Knight advises market-making clients to execute elsewhere.
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