What is Affirmative Obligation?
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. Read more for examples and further explanation including related video clips and also comments
Example explains Affirmative Obligation
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.
[tubepress mode=’tag’, tagValue=’Affirmative Obligation invest’]