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Market Maker
Published by David Waring
05-15-2008




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Default Market Maker


Each stock which trades on the NASDAQ has a market maker which is entity that stands ready to buy and sell a particular security in order to keep a continuous market for that security. Each market maker has their own id which shows on the level II quote screen each time they place a trade. Active traders will often watch the actions of the main market maker for a particular stock for clues on the short term direction of that stock.
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