large economic factors that influence the activity in the foreign currency market
A market maker is a
firm who quotes both a buy and a sell price in a
financial instrument or
commodity, hoping to make a profit on the turn or the
bid/offer spread.In foreign exchange trading, where most deals are conducted
OTC, and are therefore completely virtual, the market maker sells to and buys from its clients. Hence, the client's loss is the company's profit and vice versa. Most foreign exchange trading firms are market makers and so are many banks, although not in all currency markets.
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a Stock Exchange member firm that is obliged to make a continuous two-way price in the shares it follows. This is a commitment to offer to buy and sell the securities it trades in.