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 only reason to invest in the market is because you think you know something others don’t.”
—R. Foster Winans (b. 1948)
“If I were a maker of books I should compile a register, with comments, of different deaths. He who should teach people to die, would teach them to live.”
—Michel de Montaigne (1533–1592)