单词 | market maker |
释义 | market makerDefinition Broker, dealer, or investment firm that assumes market risk (systemic risk) by taking possession of, and trading in, a security as a principal. Market makers are obliged to continually quote bid and offer prices, and to guaranty the full sale or absorption of the security at a certain price. They are licensed by their respective exchanges and are charged lower-than-normal dealing fees for their services to the market. |
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