Wednesday, August 24, 2016 12:35:33 PM
The most common type of market maker is a brokerage house that provides purchase and sale solutions for investors in order to keep the financial markets liquid. A market maker can also be an individual intermediary, but due to the size of securities needed to facilitate the volume of purchases and sales, almost all market makers are large institutions.
Simply put we need MMs as so that we, as retail investors, can purchase and sell.
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