What Is the Primary Role of a Designated Market Maker

question 66

Multiple Choice

What is the primary role of a designated market maker (DMM) ?

• A)Providing a two-sided market
• B)Acting as a floor broker
• C)Functioning as a supplementary liquidity provider
• D)Acting as a one-sided trader
• E)Handling only electronic trades

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Definitions:

Standard of Living

The degree of prosperity, convenience, material possessions, and essential needs accessible to a specific social or economic group or particular location.

Open Market

A marketplace where buyers and sellers engage in trade of goods, services, and financial instruments freely and openly.

Offline Programming

The practice of creating and testing programs for automated systems without directly interacting with the physical machinery.

Machine Operation

The process or action that a machine performs, often dictated by programming or mechanical design, to carry out its intended function.