post

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Post

Particular place on the floor of an exchange where transactions in stocks listed on the exchange occur.

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.

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.

post

an accounting term, meaning to enter the details of a transaction in a firm's LEDGER accounts from the details provided in the firm's JOURNAL.
References in periodicals archive ?
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