Industry WIKI

A market maker or liquidity provider is a company or individual that quotes both a buy and a sell price in a tradable asset held in inventory, hoping to make a profit on the difference, which is called the bid–ask spread or turn. This stabilizes the market, reducing price variation (volatility) by setting a trading price range for the asset.

Monzo Bank Limited, trading as Monzo (), is a British online bank based in London, England. Monzo launched as part of a number of app-based challenger banks entering the UK market.