Specialists maintain a fair and orderly market by buying and selling stock from their inventory to keep the market from fluctuating more than it would otherwise.

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Specialists, also known as market makers, are responsible for maintaining liquidity and preventing volatility in markets. They accomplish this by buying and selling stocks from their inventory to fulfill order imbalances and ensure that buyers and sellers are matched appropriately. By doing so, they stabilize prices and maintain a fair and orderly market.

Specialists Maintain a Fair and Orderly Market by Buying and Selling