Market Performance Committee

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.

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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 that ... 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 ... 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 >>
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