- reduced size market-maker
- On the London Stock Exchange, a market-maker concerned primarily with retail business who has permission to display prices in reduced sizes on SEAQ. Exchange Handbook Glossary
Financial and business terms. 2012.
Financial and business terms. 2012.
reduced size market maker — Stock Exchange member firms who do not have the capital base to run a large book are able to register as reduced size market makers. This enables them to deal in the stocks in which they are registered in smaller quantities than those at which a… … Financial and business terms
lesser SEAQ size — The quantity of shares up to which a reduced size market maker must be prepared to deal in stocks in which they are registered. It is usually 50% of the normal market size. Dresdner Kleinwort Wasserstein financial glossary … Financial and business terms
Reduced Spread — A reduction in the spread between the buy/bid and sell/ask price for a security, currency, or loan. In most cases, a reduction in the spread signifies that a financial institution will experience a decline in its profit margin that it earns on… … Investment dictionary
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