A market maker is a company, or an individual, that quotes both a buy and a sell price in a financial instrument or commodity held in inventory, hoping to make a profit on the bid-offer spread, or turn.
Read more about Market Maker: In Currency Exchange, In Stock Exchange, How A Market Maker Makes Money
Famous quotes containing the words market and/or maker:
“The market came with the dawn of civilization and it is not an invention of capitalism.... If it leads to improving the well-being of the people there is no contradiction with socialism.”
—Mikhail Gorbachev (b. 1931)
“When cafe life thrives, talk is a shared limberness of the mind that improves appetite for conversation: an adequate sentence maker is then made good, a good one excellent, an excellent one extraordinary.”
—Vivian Gornick (b. 1935)