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Specialist
What does it mean?
A person on the trading floor of certain exchanges who holds an inventory of particular stocks. The specialist is responsible for managing limit trades, but does not make information on outstanding limit orders available to other traders.
In Other Words...
There is usually one specialist for each stock traded on the NYSE, except for lower volume stocks.
Related Links
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Related Terms
Limit Order | Market Maker
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A | B |
C | D |
E | F |
G | H |
I | J |
K | L |
M | N |
O | P |
Q | R |
S | T |
U | V |
W | X |
Y | Z
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