Market taker and Member: Difference between pages

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A 'market taker' is the customer of a market maker.
''1. Pensions.''
A beneficiary under an occupational pension scheme.


The market taker suffers the worse side of the two-way prices quoted by the market maker.
Pension scheme members may be:
i. ''Active'' (still accruing benefits by virtue of current service); or
ii. ''Deferred'' (no longer accruing benefits through having left the scheme, but entitled to receive benefits in the future); or
iii. ''Pensioners'' (currently receiving benefits).  This third category will also usually include widows and other dependants of former members.


This compensates the market maker for their risk, skill and expenses in making a market.
''2. Company law.''
In relation to a company, a shareholder.


== See also ==
* [[Maturity]]
* [[Occupational pension scheme]]
* [[Pensioner]]
* [[Pensions Ombudsman]]
* [[Shareholders]]


==See also==
*[[Market maker]]
*[[Two-way price]]
[[Category:The_business_context]]
[[Category:Financial_products_and_markets]]

Revision as of 14:20, 23 October 2012

1. Pensions. A beneficiary under an occupational pension scheme.

Pension scheme members may be: i. Active (still accruing benefits by virtue of current service); or ii. Deferred (no longer accruing benefits through having left the scheme, but entitled to receive benefits in the future); or iii. Pensioners (currently receiving benefits). This third category will also usually include widows and other dependants of former members.

2. Company law. In relation to a company, a shareholder.

See also