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Registered competitive market maker |
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Registered Competitive Market MakerIdentifies New York Stock Exchange (NYSE) floor members with a specific NYSE-imposed obligation to enhance the quality of NYSE markets by injecting their own or their firms' capital into difficult market-making situations. At the request of an Exchange official, an RCMM must make a bid or offer that narrows an existing quote spread or improves its depth. An RCMM may also be asked to assist a commission broker or floor broker in executing a customer's otherwise unexecutable order.Registered competitive market makerAn NASD-registered NASD who acts as a NASD for a designated NASD NASD by buying and selling that NASD to maintain stability.Registered competitive market maker Similar MatchesCompetitive offeringCompetitive offeringAn offering of securities through competitive bidding. CompetitiveCompetitiveUsed alone, this usually means perfectly competitive. Contrasts with imperfectly competitive. Global competitivenessGlobal competitivenessCompetitiveness, applied internationally. CompetitivenessCompetitivenessUsually refers to characteristics that permit a firm to compete effectively with other firms due to low cost or superior technology, perhaps internationally. When applied to nations, instead of firms, the word has a mercantilist connotation. Competitive biddersCompetitive biddersOne of two categories of bidders on Treasury securities: competitive and noncompetitive. Competitive bidders are usually financial institutions. Further SuggestionsNoncompetitive bidCompetitive advantage Imperfectly competitive Noncompetitive tender Perfectly competitive financial markets Competitive bidding Perfectly competitive |
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