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 What is a market maker?
 
 4/13/2007 8:45:47 AM
User is offlinefrancesco
66 posts
www.tescari.com




What is a market maker?
A MARKET MAKER is the counterpart ot the client. The Market Maker does not operate as an intermediary or trustee. A Market Maker performs the hedging of its clients' positions according to its policy, which includes offsetting various clients' positions, and hedging via liquidity providers (banks) and its equity capital, at its descretion.
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