Trading & MarketsPregunta 88 de 125
A specialist or designated market maker (DMM) on an exchange is responsible for:
a.Setting corporate dividend policy
b.Auditing listed companies
c.Rating bonds
d.Maintaining a fair and orderly market in assigned securities
Explicación
A designated market maker (formerly specialist) is charged with maintaining a fair and orderly market in assigned securities, providing liquidity by buying and selling for its own account when needed, and facilitating price discovery at the open and close. It must balance public buy and sell interest.
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