Home / Personal Finance / Financial Planning / College & Education

  • Friday, December 05, 2008

    With the job market getting worse all the time -- Friday’s government data showed the jobless rate at 6.7% with 533,000 jobs lost in November -- a lot of people are reconsidering their careers or trying to bolster their resumes.

  • Tuesday, October 21, 2008

    A new report says that more than 90,000 elementary students in New York City missed at least one month of classes during the last school year.

  • Monday, October 06, 2008

    With the credit crunch crimping the student-loan market and financial-market upheaval crunching investments in college-savings plans, what's a parent to do? That depends somewhat on when your child will need those college funds.

  • Wednesday, October 01, 2008

    In today’s shaky economy, school budgets have been under pressure, and their technology resources have taken a hit. But they’re still making do, with some clever planning.

  • Thursday, September 25, 2008

    Although the credit crisis has helped to bring about the demise of many privatized student lenders, it’s also helped to encourage the emergence of many online peer-to-peer lending web sites.

 

Blog List

 
 

FOX Translator

Detach

No data currently available.

No data currently available.

Specialist

A specialist is a member of a stock exchange who works as an auctioneer for a specific stock and/or stocks. It can be an individual, partnership, corporation or group of firms.

The specialist works to maintain a "fair and orderly market" for respective stocks, matching up buyers and sellers by displaying the best "bid" and "ask" prices at its trading post. If buys are not equal to sells, the specialist evens the scale by buying or selling shares, accordingly. However, they cannot make their own transactions until all investor orders have been placed.

Gauging supply and demand, the specialist sets an opening price for the stocks in its domain. If a price has not been set by the time the market opens, the specialist can delay that particular stock's opening.

Specialists make money off the "spread," which is the difference between bid and ask prices on orders.