Registered equity market maker

Definition:

Member firm of the American Stock Exchange registered as a trader to make stabilizing trades for its own account in particular securities.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Proxy Fight

Competition of outside group with management for stockholders' proxies in order to accumulate votes to elect a new board of directors.

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