A firm that is a member of a given stock exchange and is willing to trade stocks on the exchange at publicly listed prices. Third market makers act as brokers for other firms or individuals that are not members of the exchange upon which the target stock is traded.
Related information about third market maker:
- Third Market Maker Definition | Investopedia
A third-party securities dealer that is ready and willing to buy or sell stocks listed on exchanges at publicly quoted prices. Third market makers add liquidity to ...
- Third Market Maker - Financial Dictionary - The Free Dictionary
A third party on an exchange that is willing to buy or sell for a given price. Brokers often execute orders through third market makers either because the broker ...
- What is third market maker? definition and meaning
Definition of third market maker: A firm that is a member of a given stock exchange and is willing to trade stocks on the exchange at publicly listed prices.
- Qualified OTC Market Maker, Qualified Third Market Maker - Justia
17 C.F.R. § 240.3b-8 Definitions of “Qualified OTC Market Maker, Qualified Third Market Maker” and “Qualified Block Positioner”. Title 17 - Commodity and ...
- Investor Tips: Trade Execution
Jun 22, 2004 ... A "third market maker" is a firm that stands ready to buy or sell a stock listed on an exchange at publicly quoted prices. As a way to attract orders ...
- 17 CFR 240.3b-8 - Definitions of “Qualified OTC Market Maker ...
Apr 1, 2012 ... (b) The term Qualified Third Market Maker means a dealer in any stock registered on a national securities exchange (“exchange”) who (1) is a ...
- Best Execution Definition & Example | InvestingAnswers
However, that entity might take longer to execute the trade than a third market maker might, because there are several orders ahead of you. The wait could ...
- * Third Market - (Stock market): Definition
... (NYSE), your broker may direct the order to that exchange, to another exchange (such as a regional exchange), or to a firm called a "third market maker .