Define Floor Trader

The floor trader must abide by trading rules similar to.

Define floor trader.

Floor trader definition is a trader who buys and sells on the floor of an exchange for his own account and risk. Also referred to as a local. A member of an exchange who trades his own account on the floor of the exchange for personal profit. Floor trader synonyms floor trader pronunciation floor trader translation english dictionary definition of floor trader.

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. Floor traders don t pay commissions which means they can make a profit on even small price differences. Sports free throw 2.

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. A floor trader is an exchange member who executes transactions from the floor of the exchange exclusively for their own account. Dictionary term of the day articles subjects. Foot or feet 2.

Full time abbreviation for 1. Fortification abbreviation for fort abbreviation for financial times 1. 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. A floor trader is an exchange member who executes transactions from the floor of the exchange exclusively for their own account.

Someone who is a member of an exchange and has the right to trade their own shares etc. Stock exchange member who executes buy sell orders on his or her own account on the floor of the exchange. See also floor broker.