Regulation by the New York Stock Exchange that request that a specialist not make any trades in the situation when the natural order of supply and demand has matched orders. Specialists are essentially asked to "stand on the sidelines" to allow this natural process to occur and the market to respond accordingly.
Related information about negative obligation:
- Negative Obligation Definition | Investopedia
An obligation of NYSE specialists to remain on the sidelines and refrain from acting as principal when there is sufficient market demand and supply to efficiently ...
- Negative and positive rights - Wikipedia, the free encyclopedia
Thus a thief may have a negative obligation not to steal, and a police officer may ... The greatest negative obligation may have just one exception—one higher ...
- Positive obligations - Wikipedia, the free encyclopedia
... activity to secure the effective enjoyment of a fundamental right, as opposed to the classical negative obligation to merely abstain from human rights violations.
- Negative Obligation: Definition from Answers.com
new york stock exchange requirement that a specialist must stand out of the way when a natural match can occur between a buyer and a seller.
- What is negative obligation? definition and meaning
Definition of negative obligation: Regulation by the New York Stock Exchange that request that a specialist not make any trades in the situation when the natural ...
- Negative obligation Definition - NASDAQ.com
Negative obligation: read the definition of Negative obligation and 8000+ other financial and investing terms in the NASDAQ.com Financial Glossary.
- Modal Verbs of Obligation
negative obligation. You mustn't smoke here. should / shouldn't, mild obligation or advice. You should save some money. mild negative obligation or advice ...
- Negative Obligation - Financial Dictionary - The Free Dictionary
A New York Stock Exchange rule that governs the behavior of specialists. Negative obligation is the mandate of the specialists not trade for the specialist's firm's ...