A stock specialist is an exchange employee, one of whom must be in every brokerage firm office throughout the country.

Question

Quizplus · Accepted Answer

A stock specialist is an exchange employee who works on the trading floor of the exchange, not in brokerage firm offices. Their role is to facilitate trading by managing the order book for specific stocks, ensuring liquidity and fair pricing, not to be stationed in brokerage firm offices.

A Stock Specialist Is an Exchange Employee, One of Whom