Floor Trader
A member who generally trades only for his/her own account, for an account controlled by him/her, or who has such a trade made for him/her. Also referred to as a local.
Floor trader
A member who generally trades only for his own account, for an account controlled by him or
who has such a trade made for him. Also referred to as a "local".
Related Terms: ...
floor trader - Related Articles
Market Wizards: Interviews with Top Traders
Finance Library ...
Floor Trader - Member of an exchange who trades on the floor of that exchange for his or her own account.
FLOOR TRADER - Unlike floor brokers who fill client orders, floor traders buy and sell stocks or commod...
FLOOR TRADERS - Employees of brokerage firms working on exchange trading floors.
Floor Trader
Members of an exchange who are personally present, on the trading floors of exchanges, to make trades for themselves. Also referred to as Locals.
Flotation ...
Floor trader
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. Also referred to as a "local." ...
Floor Trader
Employee of a member of a stock exchange, who executes buy and sell orders on the floor (trading area) of the exchange for the firm and its clients.
Forced Conversion ...
Floor Trader - Is a member of an exchange who trades for his or her own personal account. This compares to a Floor Broker.
Floor traders don't pay commissions, which means they can make a profit on even small changes in price. But they must still abide by trading rules established by the exchange.
FLOOR TRADER OR LOCAL
An exchange member who executes orders to buy or sell futures
and options for his own account.
Floor TradersExpand/Collapse
Employees of a member of a stock exchange who execute buy and sell orders on the floor (trading area) of the exchange for their firm and its clients.
Flow-Through SharesExpand/Collapse ...
>> Floor Trader
An exchange member on the trading floor who buys and sells for his or her own account.
>> Foreign Exchange (FX or Forex) ...
See: Black Monday; Floor Trader; Program Trading; Stock Exchange
Classified Stock
Equity that is divided into more than one type of common stock, usually designated as Class A and Class B.
market not held order A market order, where the floor trader has the discretion to execute the order when he or she feels it is best. market on close order A buy or sell order, executed as near as possible to the end of the day.
If you trade futures on the All Ordinaries Share Price Index (SPI), you have to know exactly what is your trading edge; particularly, if you are a professional floor trader.
One group of beneficiaries is market professionals-broker-dealers, securities analysts, floor traders, arbitrageurs, and institutional investors.
Originally formed as an underground investment club, Oxbury Publishing is comprised of a wide variety of Wall Street professionals -- from equity analysts to futures floor traders -- all independent thinkers and all capital market veterans.
This is a market order where the investor gives the floor trader the discretion to execute the order when he feels it is best. If the floor trader feels that the market will decline, he may hold the order to try to get a better fill.
Owning a seat on the NYSE enables one to trade on the floor of the exchange, as an agent either for someone else (floor broker) or for one's own personal account (floor trader).
Traders known as competitive or floor traders buy and sell securities for their own accounts.
RFT - registered floor trader
RIE - recognised investment exchange (UK)
RLO - retsricted life option ((UK, LIFFE)
ROT - registered options trader
RPB - recognised professional body
RPI - retail price index ...
Mine and Yours - Terms used by floor traders to signify buying and selling. Mainly used in forex transactions.
group of exchange members with a defined area of function tending to congregate around a trading post pending execution of orders. These are specialists, floor traders, odd-lot dealers, ...
Purchase of a large number of securities by a specialist for himself or to pass on to another floor trader or block buyer.
Specialist market ...
Specialist block purchase and sale
Purchase of a large number of securities by a specialist for himself or to pass on to another floor trader or block buyer.
A slang term referring to one of the many phone terminals on the floor of the New York Stock Exchange that is used by floor traders to receive orders.
Teletax ...
Summary of a stock or commodities exchange order ticket by the registered representative on receipt of a buy or sell order from a client; gives the floor broker the information needed to execute a securities transaction.
Floor trader ...
Commodity exchange transactions take place on the commodity exchange floor, in what is called a pit, and must be effected within certain time limits. Floor traders, ...
Includes specialists, floor traders, odd-lot dealers, and other brokers as well as smaller groups with specialized functions. See: Priority.
 See also: Expense, Banks, Saving, Floor broker, Settlement Date
  
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