A member of a stock exchange who is responsible for maintaining a fair and orderly market by buying and selling for his own account to reduce any temporary disparities between supply and demand is best described as a:

A member of a stock exchange who is responsible for maintaining a fair and orderly market by buying and selling for his own account to reduce any temporary disparities between supply and demand is best described as a:

A member of a stock exchange who is responsible for maintaining a fair and orderly market by buying and selling for his own account to reduce any temporary disparities between supply and demand is best described as a:


A) two-dollar broker.

B) specialist.

C) Nasdaq market maker.

D) trading supervisor.



Answer: B) specialist.


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