Define Floor Trader

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Define floor trader.

A floor trader is an exchange member who executes transactions from the floor of the exchange exclusively for their own account. 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 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. The floor trader must abide by trading rules similar to.

Stock exchange member who executes buy sell orders on his or her own account on the floor of the exchange. Floor trader synonyms floor trader pronunciation floor trader translation english dictionary definition of floor trader. Dictionary term of the day articles subjects. Full time abbreviation for 1.

See also floor broker. Floor traders don t pay commissions which means they can make a profit on even small price differences. Someone who is a member of an exchange and has the right to trade their own shares etc. 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 definition is a trader who buys and sells on the floor of an exchange for his own account and risk. Floor trading has become increasingly rare as electronic trading. Also referred to as a local. Foot or feet 2.

Fortification abbreviation for fort abbreviation for financial times 1. Also referred to as a local. But they must still abide by trading rules established by the exchange.