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And... what would that be?

• lordnacho 6y ago
  Market maker: guy who makes money standing in the market all day so that when you come, you don't have to wait hours for a dude who wants to buy your shipment of pork. Broker: offers you access to the market, and often lends you money as well. Needs scale, is often a lot of marketing, both in getting the customers, and in getting the customers to actually trade. Hedge Fund: Umbrella term for an investment company that can do a very wide range of things. They can buy art, or fund litigation. Often we just mean they buy and sell stocks, and take some of the profits when things go well.
  • recursive 6y ago
    So, I am really an outsider to all this, but it's amazing to me that a market maker is a thing. Like, why is that guy not replaced by a computer? They never get tired, and they don't screw up. (usually)
    • lordnacho 6y ago
      Market makers used to be actual people, nowadays they are in fact computers. The business role is similar though. For all the things that are "guy" above, computers are heavily involved.