To answer the original question
If the product is listed and standardized. There are people willing to pay
for the privilege of being able to make a mkt, some on
the floor in the pits and now some electronically,
rmm(remote market makers). Liquidity is a function of multiple mm
creating an efficient market
If the product is listed and standardized. There are people willing to pay
for the privilege of being able to make a mkt, some on
the floor in the pits and now some electronically,
rmm(remote market makers). Liquidity is a function of multiple mm
creating an efficient market