|
Third Market Maker
What does it mean?
A third-party firm willing to buy or sell stocks listed on exchanges at publicly quoted prices.
In Other Words...
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.
Related Links
Sorry, there are no related links.
Related Terms
Ask | Bid | Bid-Ask Spread | Broker-Dealer | Crossed Market | Ghosting | Market Maker | Market Maker Spread
1 |
A | B |
C | D |
E | F |
G | H |
I | J |
K | L |
M | N |
O | P |
Q | R |
S | T |
U | V |
W | X |
Y | Z
|
