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Specialist's Book
(redirected from Trading Book)

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Specialist's book
Chronological record maintained by a specialist that includes the specialist's own inventory of securities, market orders to sell short, and limit orders and stop orders that other stock exchange members have placed with the specialist.

Specialist's Book
A list of all long and short positions that a specialist holds. The book also contains all orders by other member firms on an exchange that the specialist may be able to fill. It is also called simply a book. See also: New York Stock Exchange Display Book.

specialist's book
See book.


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In relation to the trading book, we've got to raise it by five or 10 times because we just had the weights on trading books completely and utterly wrong.
That is why I recently proposed a measure to provide firms with more flexibility on mark-to-market requirements and to facilitate asset transfer from the trading book to the banking book.
With this explosion of interest in trading books, our members can select from any genre to satisfy their literary desires.
 
 
 
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