MARKET MAKERS
Although you've probably heard of the NASDAQ (National
Association of Securities Dealers Automatic Quotation system), the term
market maker is not as well known. However, market makers are key
figures in the NASDAQ and the rest of the over-the-counter (OTC) securities
market. In this tutorial, we will discuss how market makers help stimulate
over-the-counter trading:
Let's begin by asking the questions, who makes a market and
how?