Yellow strip: related pages
Market maker
A dealer who receives privileges in share dealing in return for providing liquidity, usually by always quoting firm bid and offer prices.
Agency cross
A trade that a broker matches directly between two of its clients, bypassing the market.
Bid-offer spread
The difference between the prices at which shares can be bought and sold.
Inter-dealer broker
Intermediaries who act for brokers and market makers) who wish to buy or sell substantial quantities without revealing their identities.
Quote driven trading system
A trading system that operates by matching orders against market maker's quotes rather than against other orders.
Copyright Graeme Pietersz © 2005-2019