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market maker

A trader in a goods or securities market who holds a stock of the good or security and is willing to buy or sell at pre-announced prices. These prices only apply up to some limited ...

market-maker

market-maker   Reference library

The Handbook of International Financial Terms

Reference type:
Subject Reference
Current Version:
2005

...-maker . 1 A financial intermediary who makes a market in a security or instrument ( cf. broker-dealder ; specialist ). This might be an informal undertaking to transact business, or formally regulated by an agency. For instance, market-makers on the National Association of Securities Dealers Automated Quotations have to meet various operational and regulatory conditions. See also make a market ; liquidity . 2 (UK) Specifically a type of broker-dealer at the London Stock Exchange who undertakes the making of two-way prices for buyers and...

market-maker

market-maker   Quick reference

A Dictionary of Economics (5 ed.)

Reference type:
Subject Reference
Current Version:
2017
Subject:
Social sciences, Economics
Length:
174 words

...balanced. If demand persistently exceeds supply at the market-maker’s offer price, this must rise, otherwise stocks will become exhausted; if supply persistently exceeds demand at the market-maker’s bid price, this must fall, otherwise stocks will rise above the level the market-maker is willing and able to finance. The spread between a market-maker’s bid and offer prices has to be large enough to cover operating costs and a premium to cover the risks they are...

market maker

market maker   Quick reference

A Dictionary of Finance and Banking (6 ed.)

Reference type:
Subject Reference
Current Version:
2018

... maker 1. Any intermediary who creates a market for a financial obligation. 2. A dealer in securities on the London Stock Exchange who undertakes to buy and sell securities as a principal and is therefore obliged to announce buying and selling prices for a particular security at a particular time. Before October 1986 ( see big bang ) this function was performed by a stockjobber , who was then obliged to deal with the public through a stockbroker . Since that date market makers have combined dealing in securities as principals with acting as...

market maker

market maker   Quick reference

A Dictionary of Business and Management (6 ed.)

Reference type:
Subject Reference
Current Version:
2016
Subject:
Social sciences, Business and Management
Length:
140 words

... maker 1. Any intermediary who creates a market for a financial obligation. 2. A dealer in securities on the London Stock Exchange who undertakes to buy and sell securities as a principal and is therefore obliged to announce buying and selling prices for a particular security at a particular time. Before October 1986 ( see Big Bang ) this function was performed by a stockjobber , who was then obliged to deal with the public through a stockbroker . Since that date market makers have combined dealing in securities as principals with acting as...

market maker

market maker   Quick reference

A Dictionary of Accounting (5 ed.)

Reference type:
Subject Reference
Current Version:
2016
Subject:
Social sciences, Business and Management
Length:
151 words

... maker A dealer in securities on the London Stock Exchange who undertakes to buy and sell securities as a principal and is therefore obliged to announce buying and selling prices for a particular security at a particular time. Before October 1986 ( see Big Bang ) this function was performed by a stockjobber, who was then obliged to deal with the public through a stockbroker. However, since the change in the rules at that time, market makers attempt to make a profit by dealing in securities as principals (selling at a higher price than that at which...

equity market-maker

equity market-maker (UK)   Reference library

The Handbook of International Financial Terms

Reference type:
Subject Reference
Current Version:
2005

...market-maker (UK) . A member of the London Stock Exchange whose main function is to make two-way prices in ordinary shares (cf. gilt-edged market-maker...

market-maker scheme

market-maker scheme   Reference library

The Handbook of International Financial Terms

Reference type:
Subject Reference
Current Version:
2005

...-maker scheme . A method of providing liquidity to a security, a class of securities, or a market through a commitment by a market-maker to agree to make continuous two-way prices . Such schemes are often used with the introduction of a new future or exchange-traded option contract where the early trading may suffer from a perceived lack of liquidity or two-way demand. In the case of an exchange, such market-makers may commit not only to provide a bid and offered price on a continuous basis, but also to staff the trading position, or pit ,...

swap market-maker

swap market-maker   Reference library

The Handbook of International Financial Terms

Reference type:
Subject Reference
Current Version:
2005

...market-maker . An institution that is willing to act as a counterparty or as principal to an interest rate swap or cross-currency swap transaction. Such market-makers will be active in a wide variety of swaps and will quote two-way prices and be willing to enter into swaps without a commitment to unwind their positions on the opposite side. They will warehouse or hedge their exposures in a variety of financial instruments before finding a suitable swap to partly or fully match the existing positions they have entered...

registered competitive market-maker

registered competitive market-maker (USA)   Reference library

The Handbook of International Financial Terms

Reference type:
Subject Reference
Current Version:
2005

...competitive market-maker (USA) . A dealer who is registered with the National Association of Securities Dealers as a market-maker in a particular security that is traded over-the-counter...

gilt-edged market-maker

gilt-edged market-maker (Bonds; UK)   Reference library

The Handbook of International Financial Terms

Reference type:
Subject Reference
Current Version:
2005

...market-maker ( GEMM ) (Bonds; UK) . A member of the London Stock Exchange whose main function is to fix two-way prices in gilts ( cf. equity market-maker ). Authority to become a gilt-edged market-maker rests with the Bank of England . This confers some advantages, such as being able to undertake repurchase agreements with the Bank in order to undertake short sales...

registered equity market-maker

registered equity market-maker (USA)   Reference library

The Handbook of International Financial Terms

Reference type:
Subject Reference
Current Version:
2005

...equity market-maker (USA) . An American Stock Exchange member who trades for his own account ( cf. local...

Designated Primary Market-maker

Designated Primary Market-maker   Reference library

The Handbook of International Financial Terms

Reference type:
Subject Reference
Current Version:
2005

...Primary Market-maker ( DPM ). A floor broker who has the responsibility of making a two-way price on the Chicago Board Options Exchange (cf. jobber ; local ; specialist...

market maker

market maker m   Reference library

Oxford Business French Dictionary: French-English

Reference type:
Bilingual Dictionary
Current Version:
2003
Subject:
Bilingual dictionaries
Length:
6 words
market maker

market maker noun   Quick reference

New Oxford American Dictionary (3 ed.)

Reference type:
English Dictionary
Current Version:
2015
Subject:
English Dictionaries and Thesauri
Length:
53 words
market maker

market maker noun   Quick reference

Oxford Dictionary of English (3 ed.)

Reference type:
English Dictionary
Current Version:
2015
Subject:
English Dictionaries and Thesauri
Length:
49 words
market-maker

market-maker noun   Reference library

The Canadian Oxford Dictionary (2 ed.)

Reference type:
English Dictionary
Current Version:
2005
Subject:
English Dictionaries and Thesauri
Length:
21 words
e-market maker

e-market maker n   Reference library

Oxford Business French Dictionary: English-French

Reference type:
Bilingual Dictionary
Current Version:
2003
Subject:
Bilingual dictionaries
Length:
8 words
market maker

market maker  

Reference type:
Overview Page
A trader in a goods or securities market who holds a stock of the good or security and is willing to buy or sell at pre-announced prices. These prices only apply up to some limited quantity, but up ...
market-maker scheme

market-maker scheme  

Reference type:
Overview Page
A method of providing liquidity to a security, a class of securities, or a market through a commitment by a market-maker to agree to make continuous two-way prices. Such schemes ...
equity market-maker

equity market-maker  

Reference type:
Overview Page
(UK).A member of the London Stock Exchange whose main function is to make two-way prices in ordinary shares (cf. gilt-edged market-maker).

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