A dealer in securities or other assets who undertakes to buy or sell at specified prices at all times.
- This would allow market-makers to adjust prices for other securities effectively as demand and supply conditions change.
- Thus the market-maker in securities can finance its inventory, and the fund manager can also raise short-term moneys, without disturbing its underlying, portfolio.
- An investigation showed that market-makers were ignoring customer limit orders that offered better prices than dealers wanted to post.
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Syllabification: mar·ket mak·er
Definition of market maker in:
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