Market makers very much are speculators. They intend to make money on the spread... | Hacker News

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		brmgb on Feb 7, 2023 \| parent \| context \| favorite \| on: They say that stocks go down during the day and up... Market makers very much are speculators. They intend to make money on the spread. They clearly are not investors.

astrange on Feb 7, 2023 [–]

What belief are they speculating on?

As for if they're hurting markets, that seems like banning grocery stores and expecting people to buy food from cereal manufacturers.

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