Market maker
Also called: dealing desk
A broker or bank that quotes both a bid and an ask and takes the other side of client trades. It is also called a dealing-desk broker.
Related terms
ECN broker
A broker that routes orders to an electronic network of liquidity…
Straight-through processing (STP)
An execution model in which the broker passes orders on to…
Broker
The firm that gives you access to the market, holds your funds and…
Requote
When a broker rejects your requested price and offers a new one,…
Balance
Your account value from closed trades, deposits and withdrawals,…
Cent account
An account denominated in cents, so balances and lot values are…