Morgan Stanley advised designated market maker Citadel Securities LLC on the opening valuation. (themalaymailonline.com)
Based on those orders, the opening price will be set based on a designated market maker's determination of where buy orders can be matched with sell orders at a single price. (cnbc.com)
«We have confidence in the ability of our designated market maker to properly assess supply and demand and ensure a fair, transparent, and stable price discovery process,» Mickey Foster, the VP of investor relations at FedEx, said in a letter. (businessinsider.com)