| 1. | the speaker of a public-address system or an intercom system; loudspeaker. |
| 2. | an intercom system. |

| squawk box n. Informal The loudspeaker of an intercom or public-address system. |
squawk box
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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 the firm's brokers.
Investopedia Commentary
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 the trading of its brokers.
Related Links
Brokers and Online Trading
Understanding Order Execution
See also: Analyst, Ask, Bid, Block Trade, Broker, Investment Bank - IB, Market Maker, Trade, Trading Desk