Trader's Glossary

Market Maker (MM)

A type of broker that operates a dealing desk, intervening between its clients and the liquidity providers, while often taking the opposite side of its clients’ trades.
Did you know?

Between the years 1860 and 1913, the number of foreign banks operating in London increased from 3 to 71.

Word of the day
"Basket Currency" - A currency used as a reference point for a currency peg.
Pro Tip

There is no get-rich-quick formula. If someone promises you one, take a step back, and then run as far away from them as possible.