What role do market makers play in FGX?

Market makers play a crucial role in providing liquidity to the financial markets, including the Japan First Gulf Exchange (FGX). Their primary function is to quote prices at which they are willing to buy and sell specific securities or currencies. This price quoting helps to ensure that there are always available buyers and sellers in the market, which facilitates smoother transactions and reduces price volatility.

By continuously offering to buy and sell, market makers help maintain the flow of trade and enhance the overall efficiency of the market. This is particularly important in less liquid markets, where the absence of a market maker could lead to significant price fluctuations or even market freezes.

The other options highlight roles or functions that do not capture the essence of what market makers do. While monitoring international market trends can be a component of a market maker's strategy, it is not their primary role. Similarly, regulating market prices and setting trading hours are typically the responsibilities of the exchange itself or regulatory bodies rather than market makers.