Write Out


Write Out
A dual trade transaction enacted by a specialist in an individual stock issue. The first trade in a write out will be between the specialist and a floor trader, using the specialist's own inventory of stock, which is sold to the trader. The trader then executes the second part of the trade by transacting the same number of shares with an end client or firm.

Specialists are given daily inventories of stock to use as they see fit to maintain an orderly market in the stocks in which they make markets. By stepping in to purchase or sell shares as needed, they can ensure a smooth and orderly market, even during rocky trading days. The advent of electronic trading platforms has limited the need for specialists and write outs, but so far, machines have not completely erased the need for people on the trading floor.


Investment dictionary. . 2012.

Look at other dictionaries:

  • write out — verb 1. put into writing; write in complete form (Freq. 2) write out a contract • Syn: ↑write up • Topics: ↑writing, ↑authorship, ↑composition, ↑penning …   Useful english dictionary

  • write out — 1) PHRASAL VERB When you write out something fairly long such as a report or a list, you write it on paper. [V P n (not pron)] We had to write out a list of ten jobs we d like to do... [V n P] If there s a particularly good recipe, write it out… …   English dictionary

  • write out — phrasal verb [transitive] Word forms write out : present tense I/you/we/they write out he/she/it writes out present participle writing out past tense wrote out past participle written out 1) to complete an official document by writing information …   English dictionary

  • write out — /ˌraɪt aυt/ verb to write something in full ● She wrote out the minutes of the meeting from her notes. ♦ to write out a cheque to write the words and figures on a cheque and then sign it …   Dictionary of banking and finance

  • write out — verb To write in full length or expanded form. Dont use abbreviations, write out words! …   Wiktionary

  • write out — phr verb Write out is used with these nouns as the object: ↑cheque, ↑prescription, ↑receipt …   Collocations dictionary

  • write out — Synonyms and related words: book, calendar, carve, catalog, chalk, chalk up, check in, chronicle, copy, copy out, cut, docket, draft, draw up, edit, enface, engrave, engross, enroll, enscroll, enter, file, fill out, grave, impanel, incise, index …   Moby Thesaurus

  • write out — transitive verb Date: 15th century to write especially in a full and complete form …   New Collegiate Dictionary

  • write out — put on paper with the use of a pencil or pen; copy out …   English contemporary dictionary

  • write out — The procedure used when a specialist makes a trade involving his own inventory, on one hand, and a floor broker s order, on the other. The broker must first complete the trade with the specialist, who then transacts a separate trade with the… …   Financial and business terms


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