Market-Maker

Functions as an intermediary in the market ready to buy and sell securities.

He simultaneously quotes two-way rates—like a jobber basically with the only difference that he quotes two-way rates, for buying and selling at the same time.8

On the floor of India’s OTCEI, only market-makers are allowed to play. In the money market of India, the Discount and Finance House of India (DFHI) is the chief market-maker.9

Since he quotes the selling price while buying a particular share, he makes market for that share, hence such a name.

The NASDAQ of the USA is a market- maker’s stock exchange where they are connected by the web-enabled trading terminals.