specialist's book

(redirected from Trading Book)

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.
References in periodicals archive ?
The Global Financial Markets Association (GFMA), the Institute of International Finance (IIF) and the International Swaps and Derivatives Association (ISDA) have issued the following statement on the Fundamental Review of the Trading Book (FRTB) framework issued today by the Basel Committee on Banking Supervision (BCBS): GFMA, IIF and ISDA share the Basel Committees goal of ensuring the safety and soundness of the global financial system, which is critical to enhancing investor and consumer confidence, and economic growth.
Global Banking News-January 8, 2015--Credit Suisse sells commodities trading book
The Securities and Futures Commission (SFC) in Hong Kong has fined Merrill Lynch (Asia Pacific) and Merrill Lynch Futures (Hong Kong) $3,500,000 for systems and controls failings associated with the mis-marking activities in a trading book.
Capital requirements can and should be increased for the products that caused the current crisis, such as the trading book and sophisticated products, but certainly not for normal retail or SME loans.
NEW YORK -- Fitch Ratings views the Basel Committee on Banking Supervision's fundamental review of the trading book as a potentially positive step towards global capital harmonization.
Global Banking News-December 22, 2014--Citi buys commodities trading book from Credit Suisse
Global Banking News-October 21, 2014--Citi purchases Deutsche commodities trading book
Citigroup Inc (NYSE: C) has purchased the energy and metals trading book from Germany's Deutsche Bank AG (NYSE: DB) (DBK.
and the trading book in separate transactions, which are expected to be completed within the next 12 months.
Global Banking News-September 18, 2014--Citi purchases base metals trading book from Deutsche Bank
Global Banking News-August 22, 2014--Deutsche Bank sells North American gas trading book to Morgan Stanley
A Basel II regulatory capital module - to improve compliance in the credit risk area, for both the trading book and the banking book.