Define Floor Trader

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.

Define floor trader.

Also referred to as a local. Stock exchange member who executes buy sell orders on his or her own account on the floor of the exchange. Floor trader definition is a trader who buys and sells on the floor of an exchange for his own account and risk. Full time abbreviation for 1.

But they must still abide by trading rules established by the exchange. Dictionary term of the day articles subjects. Floor trader synonyms floor trader pronunciation floor trader translation english dictionary definition of floor trader. 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.

Also referred to as a local. Foot or feet 2. Floor trading has become increasingly rare as electronic trading. Floor traders don t pay commissions which means they can make a profit on even small price differences.

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. A member of an exchange who trades his own account on the floor of the exchange for personal profit. Someone who is a member of an exchange and has the right to trade their own shares etc. The floor trader must abide by trading rules similar to.

A floor trader is an exchange member who executes transactions from the floor of the exchange exclusively for their own account. Definition of floor trader. Sports free throw 2.