post
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Post
Post
1. The physical place on an exchange where transactions occur. Posts are most important to exchanges that use the open outcry or a similar system. They are becoming increasingly irrelevant as more exchanges conduct trading electronically. Posts are also called trading posts.
2. To recognize a transaction on an account. For example, if one writes a check for $100 and $100 is deducted from that account three days later, the transaction is set to post on the third day.
2. To recognize a transaction on an account. For example, if one writes a check for $100 and $100 is deducted from that account three days later, the transaction is set to post on the third day.
post
A location on the floor of an organized exchange at which assigned securities are traded. Posts are numbered and staffed by specialists. A single location may accommodate the trading of a number of different securities. Also called trading post.
post
To enter information in an account. For example, if a customer sends money to a broker, the brokerage firm will post a credit to the customer's account.