 |
Market Making
Unlike a high-profile IPO, which is characterized by high visibility, institutional interest and active trading from day one, the secondary market for the stock of a company that has gone public through a reverse merger often develops slowly. As part of our Turnkey Solution, we make markets in the stocks of the companies that we have taken public through a reverse merger. Market making in and of itself does not create liquidity. (Only active demand and supply of stock can accomplish this.) Nonetheless, market marking plays a critical role in helping to maintain narrow trading spreads, which in turn allows investors to both efficiently and cost effectively buy and sell the stocks of our portfolio companies.
During the past five years, the number of market makers has decreased by about 80% from over 1,000 to approximately 215 today. This decrease has been driven by the move to decimalization along with the proliferation of Electronic Communication Networks. Keating Securities is one of the remaining 215 market makers in the U.S. Our trading ID is "KTNG."
Market making services are offered in conjunction with our Turnkey Solution, and are not provided on a fee or commission basis separate from this process. In compliance with FINRA Rule 2460, we do not accept any compensation for market making services.
For more information on our market making, please contact Mike Keating.
|
|
