SLPs are assigned dealers who have the responsibility of making a market in an assigned security.

Question

Quizplus · Accepted Answer

SLPs, or Supplemental Liquidity Providers, are not assigned dealers with the responsibility of making a market in an assigned security. Instead, they are typically firms that agree to add liquidity to the markets by providing buy and sell quotes for stocks. Market makers or designated market makers (DMMs) are the ones who have the responsibility of making a market in an assigned security.

SLPs Are Assigned Dealers Who Have the Responsibility of Making