Squawk Box

AAA

DEFINITION of 'Squawk Box'

An intercom speaker often used on brokers' trading desks in investment banks and stock brokerages. A squawk box allows a firm's analysts and traders to communicate with the firm's brokers.

INVESTOPEDIA EXPLAINS 'Squawk Box'

Firms use squawk boxes to inform their brokers about current analyst recommendations, market events and information about block trades. This line of communication helps to keep brokers updated on important market factors and allows the firm to guide its brokers' trading. While many other forms of communication have arisen as a result of technology, the squawk box is still used in most investment banks and brokerages.

RELATED TERMS
  1. Investment Bank - IB

    A financial intermediary that performs a variety of services. ...
  2. Trade

    A basic economic concept that involves multiple parties participating ...
  3. Broker

    1. An individual or firm that charges a fee or commission for ...
  4. Trading Desk

    A desk where transactions for buying and selling securities occur. ...
  5. Analyst

    A financial professional who has expertise in evaluating investments ...
  6. Ask

    The price a seller is willing to accept for a security, also ...
Related Articles
  1. Understanding Order Execution
    Investing Basics

    Understanding Order Execution

  2. What is the
    Investing

    What is the "squawk box scandal"?

  3. Brokers and Online Trading
    Options & Futures

    Brokers and Online Trading

  4. How Wells Fargo Became The Biggest Bank ...
    Stock Analysis

    How Wells Fargo Became The Biggest Bank ...

comments powered by Disqus
Hot Definitions
  1. Ghosting

    An illegal practice whereby two or more market makers collectively attempt to influence and change the price of a stock. ...
  2. Elasticity

    A measure of a variable's sensitivity to a change in another variable. In economics, elasticity refers the degree to which ...
  3. Tangible Common Equity - TCE

    A measure of a company's capital, which is used to evaluate a financial institution's ability to deal with potential losses. ...
  4. Yield To Maturity (YTM)

    The rate of return anticipated on a bond if held until the maturity date. YTM is considered a long-term bond yield expressed ...
  5. Net Present Value Of Growth Opportunities - NPVGO

    A calculation of the net present value of all future cash flows involved with an additional acquisition, or potential acquisition. ...
  6. Gresham's Law

    A monetary principle stating that "bad money drives out good." In currency valuation, Gresham's Law states that if a new ...
Trading Center