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Online Share Trading

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STXRES?? Why doesn't offer vol go down.

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The vol stays at 30000. Whats going on there. Please help. Thanks.
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4 REPLIES 4
SimonPB
Valued Contributor
market maker is always in with 30,000 ..
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simon. please explain a bit more about market makers. who are they what are they. do they set the pase. how does it work. Thanks.
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SimonPB
Valued Contributor
market maker is the issuer of the ETF, in this case - Satrix. They put a buy and sell either side of fair value in order to ensure that the ETF always trades at fair value (or either side of FV) .. as the index moves and as such the ETF needs to move they will adjust their prices accordingly ..
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ok thanks. So market makers are not present on normal shares. only etf and so on. cheers
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