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What does specialest mean?

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Anonymous

14y ago
Updated: 8/19/2019

There are different kind of specialists. There are specialists for doctors, and more. Basically, a specialist is a person that deals with special issues. A member of an exchange who acts as the market maker to facilitate the trading of a given stock. The specialist holds an inventory of the stock, posts the bid and ask prices, manages limit orders and executes trades. Specialists are also responsible for managing large movements by trading out of their own inventory.

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Wiki User

14y ago

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