Trading Ahead A trade transacted from a specialist's account even though there is a public order that offsets the trade. Investopedia Says: Trading ahead is a violation of a specialist's negative obligation to New York Stock Exchange customers. By trading from his or her own account rather than letting public orders match one another, the specialist is robbing the public of its opportunity to transact the security. Related Terms: Affirmative Obligation Interpositioning Negative Obligation New York Stock Exchange - NYSE Principal Specialist Trade |