jobber

A term for a market maker used on the London Stock Exchange. Bloomberg Financial Dictionary

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jobber job‧ber [ˈdʒɒbə ǁ ˈdʒɑːbər] noun [countable]

1. FINANCE JOBS in Britain before the Big Bang, someone whose job was to buy stocks and shares in a particular area of the market, dealing only with broker S or with other jobbers, not directly with investors. Now any person whose job is buying and selling stocks and shares can deal directly with investors or other dealers; = STOCKJOBBER:

• The distinction between brokers and jobbers has disappeared.

2. COMMERCE someone who buys a product from a company and then sells it to a customer at a higher price:

• The distribution system includes the oil companies, middlemen known as jobbers and the gas stations themselves.

— see also rack jobber

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jobber UK US /ˈdʒɒbə^r/ noun [C] (also stock jobber) COMMERCE

► a person or company that buys large quantities of goods to sell to other companies or directly to the public: »

The wholesale jobber's company supplies independents in six counties.