make a market
To manage an inventory of a given stock from which shares are bought and sold to other market participants for the purpose of ensuring market liquidity. On the New York Stock Exchange (NYSE) and American Stock Exchange (AMEX), the individuals responsible for making a market are called specialists. On NASDAQ, they are referred to as market makers.
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competitive market maker system
American Stock Exchange (AMEX or ASE)
registered competitive market maker
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Exogenous growth
growth stock
Securities Exchange Act of 1934
voluntary registration