market maker

Definition

Forex

  • A securities dealer who is obligated to offer two sided markets on stocks, options, currencies, commodities or other financial vehicles. Some market makers work for large firms such as banks in the forex market, while other market makers work with their own capital. Market makers in the forex market generally make their money by quoting and trading off of a bid/offer spread.
http://www.dictionarycentral.com/definition/market-maker.html