Legal Dictionary of Pakistan

market-maker

Securities. One who helps e~-tablish a market for securities by reporting bidand-asked quotations. ( A market-maker is typically a specialist permitted to act as a dealer, ~t dealer acting in the capacity of block positioner. or a dealer who, with respect to a security, routinely enters quotations in an interdealer communication system or otherwise and is willing to buy and sell securities for the dealer's own account.