Series 14: 4.1.3.5. Market Makers

4.1.3.5. Market Makers

Market makers are dealers that do not carry customer accounts but do engage in the following activities:

•Regularly publish competitive bid and offer quotations in a recognized inter-dealer quotation system

or

•Furnish competitive bid and offer quotations on request

and

•Are ready, willing, and able to effect transactions in reasonable quantities at quoted prices with other brokers or dealers

Market makers must carry at least $100,000 but will not be require