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  3. Market Maker
GlossaryMarket Structure

Market Maker

A firm that continuously quotes prices to buy and sell an asset, providing liquidity so that other participants can trade quickly. It profits primarily from the spread.

Appears in these guides

  • Market Makers and Liquidity ProvisionMarket Structure
  • Clearing, Settlement and the Settlement ClockMarket Structure
  • Dark Pools & Alternative Trading SystemsMarket Structure
  • Exchanges and Trading VenuesMarket Structure
  • High-Frequency Trading (HFT): Speed, Orders and LiquidityMarket Structure
  • Liquidity & Liquidity SweepsTechnical Analysis

Related terms

Cede & CoClearing HouseCost to BorrowDark PoolDays to CoverDRSDTCCExchangeFails to DeliverHigh-Frequency Trading

Related lessons

intermediateMarket Structure

Cede & Co: Understanding Securities Ownership

Trace US shareholdings through the issuer register, DTC participant accounts and broker records, with worked ownership and distribution reconciliations.

Ironclad Research provides educational content only. Nothing on this platform is financial advice, a recommendation, or an offer to buy or sell any security. Always do your own research and consider professional advice before making financial decisions.