3 ms·
Is "market maker" an officially/legally designated status?
by nmfisher 6y ago
Is "market maker" an officially/legally designated status?
- deleted 6y ago[deleted]
- cardiffspaceman 6y agoYes for NASDAQ. https://www.nasdaqtrader.com/Trader.aspx?id=MarketMakerProcess https://www.nasdaqtrader.com/Trader.aspx?id=MarketMakerProce...
- fractionalhare 6y agoYes, it's an official designation by the SEC with accompanying regulations. To become a market maker you have to specifically register as such with the exchanges you'd like to service.