specialist

Definition

A stock exchange member who makes a market for certain exchange-traded securities, maintaining an inventory of those securities and standing ready to buy and sell shares as necessary to maintain an orderly market for those shares. Can be an individual, partnership, corporation or group of firms.

Use specialist in a sentence

I had to go see an eye specialist because I was having problems seeing things clearly out of my right eye.

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The specialist was ready and on call to exercise the option that the broker preferred as they had developed a good relationship over the years.

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My brother works for NASDAQ as a specialist and knows one small part of the technology sector really well, but doesn't know much about the rest of the market.

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