DEFINITION of 'Market Performance Committee '

A committee, consisting of members and allied members of the New York Stock Exchange (NYSE) who monitor the specialists' effectiveness in assuring an orderly market for their stocks. The Market Performance Committee has the additional responsibility of assigning new or existing issues to the specialists.

BREAKING DOWN 'Market Performance Committee '

A specialist shall be required to attend an informal meeting with the Market Performance Committee if they have had poor performance to discuss possible ways assuring better performance in the future. The Market Performance Committee will also review potential applicants who want to become specialists for particular stocks.

RELATED TERMS
  1. Specialist

    A member of an exchange who acts as the market maker to facilitate ...
  2. Specialist Short Sale Ratio

    A ratio used to determine the sentiment of specialists on the ...
  3. Stopped Order

    A market order on the NYSE that is stopped from being executed ...
  4. Write Out

    A dual trade transaction enacted by a specialist in an individual ...
  5. Specialist Firm

    The firms that hire the specialists to represent companies listed ...
  6. Specialist Unit

    A group of firms or individuals that act as a market maker for ...
Related Articles
  1. Personal Finance

    E-Marketing Specialist: Career Path & Qualifications

    Learn more about the duties and responsibilities performed by eMarketing specialists and common career paths this profession takes.
  2. Investing

    Evaluating The Board Of Directors

    Corporate structure can tell you a lot about a company's potential. Learn more here.
  3. Personal Finance

    eMarketing Specialist: Job Description & Average Salary

    Understand the scope of work of an e-marketing specialist, and learn about the career's required education, skills and average earnings.
  4. Managing Wealth

    3 Reasons To Separate CEO And Chairman Positions

    Separating these high-profile positions can help to strengthen the overall integrity of a company.
  5. Insights

    The NYSE And Nasdaq: How They Work

    Learn some of the important differences in the way these exchanges operate and the securities that trade on them.
  6. Investing

    Driving in Neutral

    Find out how 2016 has been characterized by stomach churning swerves in market direction with little actual change in levels.
  7. Insights

    Getting To Know The Stock Exchanges

    Here are the answers to all the questions you have about stock exchanges but are too afraid to ask!
  8. Financial Advisor

    What the Ultra-Wealthy Want from Their Advisors

    When accessing products and solutions, the wealthy prefer using their relationship manager to a specialist, according to a new study.
  9. Managing Wealth

    Retired Execs: How Much Do Corporate Boards Pay?

    If you have the right skill set, getting a seat on a company board can be a lucrative and stimulating way to spend some of your new free time.
  10. Insights

    Learn About the New York Stock Exchange

    The New York Stock Exchange (NYSE) is nicknamed the “Big Board,” and for good reason. It’s the largest, oldest and best-known stock exchange in the world.
RELATED FAQS
  1. Who employs the specialists at New York Stock Exchange (NYSE)? Do they work for themselves, ...

    Before we address this question, let's review what specialists do. Specialists are people on the trading floor of an exchange, ... Read Answer >>
  2. What's the difference between a Nasdaq market maker and a NYSE specialist?

    What's the main difference between a specialist and a market maker? Not much. Both the New York Stock Exchange (NYSE) specialist ... Read Answer >>
  3. A _______ is a person on the trading floor of certain exchanges who holds an inventory ...

    The correct answer is d. A good example of an exchange using the specialist system is the NYSE. Each stock listed on the ... Read Answer >>
  4. When a floor broker asks a specialist, “How’s PDQ?” ...

    The correct answer is d) When the specialist gave the floor broker the quote of “59.20 to 35; 6 by 11,”  the quote meant ... Read Answer >>
  5. When a floor broker asks a specialist, “How’s PDQ?” ...

    The correct answer is d. When the specialist gave the floor broker the quote of “59.20 to 35; 6 by 11,” the quote meant that ... Read Answer >>
  6. What's the average salary of a human resources (HR) specialist?

    Discover the national average salary for a human resources (HR) specialist in the as well as for regions throughout the United ... Read Answer >>
Trading Center