See Also: Tight money or dear money(finance)
specialist(dictionary)
Specialist(finance)
Specialist(money)
specialist(medicine)
specialist(dictionary)
Fertility specialist(health)
Specialist unit(finance)
Specialist unit(money)
Specialist's book(finance)

Specialist (money)


Definition: Person with professional training and experience in a very specific area.

Definition: [crh] On an exchange, the member firm that is designated as the market maker (or dealeDefinition: r for a listed common stock). Member of a stock exchange who maintains a "fair and orderly market&Definition: quot; in one or more securities. Only one specialist can be designated for a given stock, but dealers may be specDefinition: ialists for several stocks. In contrast, there can be multiple market makers in the OTC market. Major functions include executing Definition: ?rd=limit+orders">limit orders on behalf of other exchange members for a portion of the floor broker's commission, and Definition: d=buying">buying or selling for the specialist's own account to counteract temporary imbalances in supply and demand and thus prevent wide swings in stock Definition: ?rd=prices">prices.