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. Analyst

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

    The price a seller is willing to accept for a security, also ...
  4. Bid

    1. An offer made by an investor, a trader or a dealer to buy ...
  5. Block Trade

    An order or trade submitted for sale or purchase of a large quantity ...
  6. Market Maker

    A broker-dealer firm that accepts the risk of holding a certain ...
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. The Impact Of Sell-Side Research
    Markets

    The Impact Of Sell-Side Research

comments powered by Disqus
Hot Definitions
  1. Harvest Strategy

    A strategy in which investment in a particular line of business is reduced or eliminated because the revenue brought in by ...
  2. Stop-Limit Order

    An order placed with a broker that combines the features of stop order with those of a limit order. A stop-limit order will ...
  3. Pareto Principle

    A principle, named after economist Vilfredo Pareto, that specifies an unequal relationship between inputs and outputs. The ...
  4. Pareto Principle

    A principle, named after economist Vilfredo Pareto, that specifies an unequal relationship between inputs and outputs. The ...
  5. Budget Deficit

    A status of financial health in which expenditures exceed revenue. The term "budget deficit" is most commonly used to refer ...
  6. Floating Exchange Rate

    A country's exchange rate regime where its currency is set by the foreign-exchange market through supply and demand for that ...
Trading Center