Third Market Maker

外汇网2021-06-19 16:25:25 133

A third-party firm willing to buy or sell stocks listed on exchanges at publicly quoted prices.

Taobiz explains Third Market Maker

A broker is likely to direct an order to a third market maker for one of two reasons:

A) the broker is not a member of the exchange on which the stock is traded.

B) the third market maker entices the brokerage by paying (maybe a cent or two) per share for the trade.

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