| 释义 |
Specialist market Specialist marketMarket in a stock made solely by the specialist, as no public orders, and henceforth no depth, exist in the market.Specialist MarketThe market for a security that only exists because a specialist stands ready to make a market if need be. That is, there are few or no orders on the security and a potential buyer or seller would have a difficult time conducting a transaction if the specialist were not ready to serve as a counterparty. A specialist market would otherwise be highly illiquid. |