Meaning SPECIALIST: On an exchange, the member firm that is designated as the market maker (or dealer for a listed common stock). Member of a stock exchange who maintains a "fair and orderly market" in one or more securities. Only one specialist can be designated for a given stock, but dealers may be specialists for several stocks. In contrast, there can be multiple market makers in the OTC market. Major functions include executing limit orders on behalf of other exchange members for a portion of the floor broker's commission, and buying or selling for the specialist's own account to counteract temporary imbalances in supply and demand and thus prevent wide swings in stock prices
More terms such as Specialist in Dictionary S.
- Definition Subject To A Print/Execution/Trading:
- Examples Contingent on execution of a trade because the picture in the stock has not been materially altered specialist definition.
- Definition Samurai Market:
- Examples The foreign market in Japan specialist explain.
- Definition Stockholder Books:
- Examples Set of books kept by firm management for its annual report that follows Financial Accounting Standards Board rules. The tax books follow IRS tax rules specialist what is.
- Definition Shark Repellant:
- Examples arbitrage. Examples are golden parachutes, poison pills, safe harbor, and scorched-earth policy. Porcupine provision. Amendment to company charter intended to protect it against takeover specialist meaning.
- Definition Suicide Pill:
- Examples A hostile takeover prevention tactic that could destroy the target company. Taking on a large amount of debt to prevent the takeover might cause bankruptcy, for example specialist abbreviation.
