Mike The Pike Productions Inc (MIKP)

[imiloa]

seriously? please point out where i ever said
the term "broker/dealer" was inaccurate.
good luck with that. 😉

my only points were that there are no dealers
making a market in MIKP currently,
and that there is a functional distinction
btwn the roles of dealers and market makers.

but don't believe me.
disprove the 3rd party link i posted
clarifying this...

[[ Dealer
A financial markets dealer is an individual or financial institution willing to buy a security from a client at a quoted bid price or sell a security to a client at an ask, or offer, price. The terms “principal” and “dealer” can be used interchangeably. This means while a broker facilitates for clients, a dealer facilitates trades on behalf of itself.

Market Makers
Market makers are very similar to dealers because they make money from quoting a bid and an offer and are typically large banks or financial institutions. While dealers usually operate in Over-the-Counter or OTC markets, a market maker generally stands in an exchange, a place where everyone trades against everyone. Being associated with an exchange means a market maker has more requirements to fulfil than a dealer. For example, the exchange may require a market maker to manage opening auctions, meet exchange depth and liquidity requirements, and keep their quotes in line with electronic trading.

https://fmi.online/do-you-know-the-difference-between-a-broker-dealer-and-market-maker