Define Floor Trader

A floor trader is an exchange member who executes transactions from the floor of the exchange exclusively for their own account.

Define floor trader. Full time abbreviation for 1. But they must still abide by trading rules established by the exchange. 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. Dictionary term of the day articles subjects.

Also referred to as a local. Also referred to as a local. 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. Floor trader synonyms floor trader pronunciation floor trader translation english dictionary definition of floor trader.

A floor trader is an exchange member who executes transactions from the floor of the exchange exclusively for their own account. Floor traders don t pay commissions which means they can make a profit on even small price differences. Floor trading has become increasingly rare as electronic trading. A member of an exchange who trades his own account on the floor of the exchange for personal profit.

Floor trader definition is a trader who buys and sells on the floor of an exchange for his own account and risk. 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. Someone who is a member of an exchange and has the right to trade their own shares etc.

Fortification abbreviation for fort abbreviation for financial times 1. Stock exchange member who executes buy sell orders on his or her own account on the floor of the exchange. See also floor broker.