On an exchange, the member firm that is designated as the market maker (or dealer for a listed common stock). Only one specialist can be designated for a given stock, but dealers may be specialists for several stocks. In contrast, there can be multiple market makers in the OTC market. The New York Times Financial Glossary

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specialist spe‧cial‧ist [ˈspeʆlst] noun [countable]
1. COMMERCE a person or business that has a lot of skill or knowledge in a particular subject, and often gives advice to others:
specialist in

• He's a specialist in the insurance industry.

• Many technical specialists are employed in commerce and the service sector.

2. FINANCE a dealer on a stockmarket who buys and sells shares in a small list of companies for investors
— specialist adjective [only before a noun] :

• The advantage of employing a specialist firm is that its tradesmen are more likely to be well trained and experienced.

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   Market makers in one or more selected securities listed on an exchange. Found at a trading post on the floor, they earn their income from commission when acting as a broker, or from the spread in their quoted prices when acting as a dealer.

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specialist UK US /ˈspeʃəlɪst/ noun [C]
someone who has a lot of experience, knowledge, or skill in a particular subject or business area: specialist in sth »

She is a specialist in financial services and insurance.

FINANCE, STOCK MARKET someone who works on a US stock market and buys and sells shares in particular types of companies: »

Specialists on regional exchanges sometimes have lower dealing costs than those in New York.

specialist UK US /ˈspeʃəlɪst/ adjective [before noun]
having a lot of experience, knowledge, or skill in a particular subject or business area: »

The bank can give you specialist advice.


It is always good to consult a specialist financial adviser.


Five specialist firms are under investigation for allegedly interfering in the buying and selling of shares by investors.

Financial and business terms. 2012.

Look at other dictionaries:

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  • specialist — SPECIALÍST, Ă, specialişti, ste, s.m. şi f. Persoană care cunoaşte temeinic o disciplină sau o problemă. [pr.: ci a ] – fr. spécialiste. Trimis de pan111, 13.09.2007. Sursa: DLRM  SPECIALÍST adj. (înv.) special. (Medic specialist.) Trimis de… …   Dicționar Român

  • Specialist — Spe cial*ist, n. One who devotes himself to some specialty; as, a medical specialist, one who devotes himself to diseases of particular parts of the body, as the eye, the ear, the nerves, etc. [1913 Webster] …   The Collaborative International Dictionary of English

  • specialist — [spesh′əlist] n. 1. a person who specializes in a particular field of study, professional work, etc. ☆ 2. U.S. Army any of six grades for enlisted personnel with technical training and duties, corresponding to the grades of corporal through… …   English World dictionary

  • specialist — I noun authority, connoisseur, consultant, degreeholder, devotee, experienced person, expert, homo peritus, knowing person, learned person, master, practiced hand, practitioner, professional, professor, proficient, proficient person, qualified… …   Law dictionary

  • specialist — (n.) 1856 (originally in the medical sense); see SPECIAL (Cf. special) + IST (Cf. ist) …   Etymology dictionary

  • specialist — [n] person who is an expert in a field ace, adept, authority, connoisseur, consultant, devotee, doctor, guru*, old hand*, old pro*, pro*, professional, pundit, sage, savant, scholar, technician, veteran, virtuoso; concepts 347,357 Ant. general… …   New thesaurus

  • specialist — ► NOUN ▪ a person who is highly skilled or knowledgeable in a particular field. ► ADJECTIVE ▪ relating to or involving detailed knowledge or a specific focus within a field. DERIVATIVES specialism noun …   English terms dictionary

  • specialist — On an exchange, the member firm that is designated as the market maker ( or dealer for a listed common stock). Member of a stock exchange who maintains a fair and orderly market in one or more securities. Only one specialist can be designated for …   Financial and business terms

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