Used for listed equity securities. Group of exchange members with a defined area of function tending to congregate around a trading post pending execution of orders. Includes specialists, floor traders, odd-lot dealers, and other brokers as well as smaller groups with specialized functions. See: Priority.
Nearby TermsCross-Sectional Ratio Analysis Cross-share holdings Crowd trading Crowding out Crown jewel
Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University