An exchange member on the trading floor who buys and sells options for his or her own account and who has the responsibility of making bids and offers and maintaining a fair and orderly market. See also Specialist / specialist group / specialist system
A participant in the financial markets who guarantees to make simultaneously a bid and an offer for a financial contract with a pre-set bid/offer spread (or a schedule of spreads corresponding to different market conditions) up to a pre-determined maximum contract amount.. Naked Option Writing The act of selling options without having any offsetting exposure in the underlying cash instrument.
An authorised person who deals in securities as a principal and has authority from a stock exchange or other trade organiser to display prices to the public on certain conditions
an energy trader or energy trading firm that is prepared to buy and sell in the derivatives market to provide a two-sided (bid/ask) market and greater liquidity.
A person or firm that provides liquidity making two-sided prices (bids and offers) in the market.
One (as a person or firm) who buys and sells securities for one's own account. Responsibilities include; making bids and offers, provide liquidity and maintain a fair and orderly market. Market makers normally try to profit from the spread by trading in and out of positions rather than establishing a long-term position in the security. Specialists on the organized exchanges, option exchanges and dealers in the over-the-counter market are market makers. See also SPECIALIST; SPECIALIST GROUP.
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 Order Book Official and Specialist.
A market-maker is a person or firm authorised to create and maintain a market in a security. Market-makers commit themselves to always being ready to deal in the range of stocks for which they are registered.