Investment dictionary

CABINET SECURITY

Cabinet Security: translation

A security that is listed under a major financial exchange, such as the NYSE, but is not actively traded. A cabinet security is traded by an inactive investment crowd, and is more likely to be a bond than a stock.

The "cabinet" in cabinet security refers to the physical place where bond orders were stored off of the trading floor. The cabinets would typically hold limit orders, and the orders were kept on hand until they expired or were executed.

  1. cabinet security—cabinet security translation A stock or bond listed on a major exchange with low daily traded volume. Bloomberg Financial Dictionaryu...Financial and business terms
  2. cabinet security—бирж. неактивная ценная бумага включенная в листинг на бирже но редко выставляемая на торгиem cabinet crowd cabinet bid неактивная ценная бумага...Англо-русский экономический словарь