Market Makers are financial Market Participant who buys and sell securities on in his accounts at a price prevailing in the market. These help in increase in Liquidity and hence they are also called Liquidity Provider. They are generally large investment firms. The most common market makers are brokerage firms.

In Traditional times when there is a lack of technology then investors call or came physically to broker houses and then place an order for securities and then the broker calls the exchange or directly orders the securities. Then these securities are transferred from the seller's account to the buyer's account. Hence, the trade takes place.

But due to technological advancement, now buyers can Place orders for any securities from anywhere in the world provided an internet connection is available. The transaction speed increases, time reduced and cost also reduces. Now, due to technoloical advancement, brokers provides a mobile application to their clients and they can simply place order from the application itself which makes trading and investing more convinent.