An exchange member whose function is to aid in the making of a market, by making bids and offers for his account in the absence of public buy or sell orders. Several market-makers are normally assigned to a particular security. The market-maker system encompasses the market-makers, floor brokers, and order book officials.
See Also:
Market: A specific asset, security or commodity that is traded at an exchange.
Market: A specific asset, security or commodity that is traded at an exchange.
Market: A specific asset, security or commodity that is traded at an exchange.
