: an intermediary in a stock exchange who controls buy and sell orders (as by purchase and resale) for a particular stock or group of stocks
Example Sentences
Recent Examples on the WebKen Griffin is founder, chief executive officer and 85% owner of the hedge fund Citadel—the largest market maker in the United States. Sophie Mellor, Fortune, 25 Mar. 2022 For instance, if a trader named Bob’s sell order in BTC doesn’t have a matching buying order on an exchange, the market maker will step in and make the purchase. Omkar Godbole, Forbes, 6 June 2022 The founder of hedge-fund firm Citadel and market maker Citadel Securities won’t back Mr. Bailey in the general election, spokesman Zia Ahmed said. John Mccormick, WSJ, 29 June 2022 Robinhood, or your broker of choice, takes your order to a firm known as a wholesaler or market maker. Julia Horowitz, CNN, 9 June 2022 While doing so, the market maker also takes a short position in the futures market or buys a put option or bearish bet, keeping his exposure price-neutral. Omkar Godbole, Forbes, 6 June 2022 In return, the market maker pays the broker for the right to fill the investors’ orders. Alexander Osipovich, WSJ, 1 Feb. 2022 Earlier this year, the House Financial Services Committee asked Reddit CEO Steve Huffman to testify alongside executives at Robinhood, market maker Citadel, and hedge fund Melvin Capital. Jessica Mathews, Fortune, 12 June 2021 Many decentralized applications function by virtue of aggregating capital into liquidity pools which serve the role of a market maker. Nicholas Gans, Forbes, 15 Nov. 2021 See More