Define Floor Trader

Also referred to as a local.

Define floor trader.

But they must still abide by trading rules established by the exchange. Floor traders don t pay commissions which means they can make a profit on even small price differences. Floor trader synonyms floor trader pronunciation floor trader translation english dictionary definition of floor trader. A member of an exchange who trades his own account on the floor of the exchange for personal profit.

Dictionary term of the day articles subjects. See also floor broker. Also referred to as a local. A floor trader is an exchange member who executes transactions from the floor of the exchange exclusively for their own account.

A stock exchange member who generally trades only for his own account or for an account controlled by him or who has such a trade made for him. Unlike floor brokers who fill client orders floor traders buy and sell stocks or commodities for their own accounts on the floor of an exchange. Foot or feet 2. A floor trader is a member of a stock or commodities exchange who trades on the floor of that exchange for his or her own account.

Stock exchange member who executes buy sell orders on his or her own account on the floor of the exchange. Fortification abbreviation for fort abbreviation for financial times 1. A floor trader is an exchange member who executes transactions from the floor of the exchange exclusively for their own account. The floor trader must abide by trading rules similar to.

Full time abbreviation for 1. Sports free throw 2. Floor trading has become increasingly rare as electronic trading.