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:
“Forbede us thing, and that desiren we;
Preesse on us faste, and thanne wol we flee.
With daunger oute we al oure chaffare:
Greet prees at market maketh dere ware,
And too greet chepe is holden at litel pris.”
—Geoffrey Chaucer (1340?–1400)
“A cry of bitter dead men who will never
Attend a gentle maker of musical joy.”
—Gwendolyn Brooks (b. 1917)