What is the meaning of mm in the context of cryptocurrency stocks?

3 answers

• Dec 26, 2021 · 3 years ago
  MM stands for Market Maker in the context of cryptocurrency stocks. Market Makers are individuals or firms that provide liquidity to the market by buying and selling assets. They play a crucial role in ensuring that there is enough trading activity and volume in the market. Market Makers make money through the bid-ask spread, which is the difference between the buying and selling price of an asset. They help create a more efficient and liquid market for traders and investors.
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• Dec 26, 2021 · 3 years ago
  MM refers to Market Maker in the context of cryptocurrency stocks. Market Makers are like the middlemen of the market. They buy assets from sellers and sell them to buyers, making a profit from the difference in prices. Market Makers help maintain liquidity in the market and ensure that there are enough buyers and sellers for smooth trading. They play an important role in reducing price volatility and providing stability to the market.
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• Dec 26, 2021 · 3 years ago
  In the context of cryptocurrency stocks, MM stands for Market Maker. Market Makers are entities that facilitate trading by providing liquidity to the market. They do this by constantly quoting both buy and sell prices for a particular cryptocurrency stock. Market Makers profit from the spread between the bid and ask prices. Their presence in the market helps ensure that there is always a buyer or seller available, which improves market efficiency and reduces price fluctuations.
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