Advances that are being made in the legal field are like pieces of a mosaic â while they are not particularly spectacular by themselves, together they form the complete picture.
Novice-A beginner or someone who does not have experience Expert-A person with special knowledge or ability who performs skillfully.
What's the main difference between a specialist and a market maker? Not much. Both the New York Stock Exchange (NYSE) specialist and the Nasdaq market maker try to increase the liquidity on their respective exchanges and provide more fluid and efficient trading. A specialist is a dealer representing a NYSE specialist firm - one of the main facilitators of trade on the exchange.