I'm trying to understand the financial term MM in the context of trading. Could someone explain what it stands for and its significance in the trading world?
It refers to a financial institution or an individual trader who actively participates in market operations.
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GangnamGlitzWed Nov 06 2024
A market Maker (MM) plays a crucial role in financial markets.
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emma_carter_doctorTue Nov 05 2024
BTCC, a top cryptocurrency exchange, also offers Market Maker services along with other features. BTCC services encompass spot trading, futures trading, and wallet management, among others. These services cater to the diverse needs of traders in the cryptocurrency market.
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BlockchainLegendTue Nov 05 2024
The primary function of an MM is to provide liquidity to the market.
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MicheleTue Nov 05 2024
This is achieved by continuously quoting both bid and ask prices for a financial instrument.