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‘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 thefirm’s brokers.
Squawk box is a term used to describe a communication device placed on a trading desk.
It allows a firm’s analysts and traders to communicate directly with brokers.
Squawk box come in different shapes and sizes, but they are generally small speakers. Each brokerage firm or financial institution has its own squawk box system.
To determine which direction an asset likely to move, they use the squawk box to communicate to their findings and stay ahead of the financial markets.
A Squawk Box is a speaker or intercom that is placed in the trading desk. It is important for Analysts, Traders and Brokers to stay well connected to ensure that right trading decisions are made. These 3 parties use Squawk Box to communicate trades, deals or other news among themselves.
Sentence Formation:
CNBC airs a television programme every morning, that covers a range of business, finance and general market news, and the program is named as Squawk Box.
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