Значение слова "AFFIRMATIVE OBLIGATION" найдено в 3 источниках

AFFIRMATIVE OBLIGATION

найдено в "Financial and business terms"
affirmative obligation: translation

A New York Stock Exchange rule that governs the behavior of specialists. Affirmative obligation is the mandate of the specialists to step in and act as either the buyer or the seller when public investor orders exist do not match up naturally. Also known as positive obligation. Related: negative obligation. Bloomberg Financial Dictionary


найдено в "Investment dictionary"
Affirmative Obligation: translation

An obligation of NYSE specialists to enter the market on a particular security (either by posting or bidding and ask) when there is not sufficient market demand and supply to efficiently match orders.

The affirmative obligation requires specialists to create a market for a security when public demand or supply is ineffective and can not create it for itself.


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