Floor Trader - FT
You've probably seen floor traders on TV and in the movies. These are the guys in the pit waving their arms frantically to make trades. However these men and women who still operate in an "open outcry" system are increasingly being replaced by automated trading systems and computers that function without human interaction and are specifically designed to match buyers and sellers.
Investment dictionary. Academic. 2012.
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floor trader — ( FT) An individual who executes trades for the purchase or sale of any commodity futures or options contract on any contract market for such individual s own account. Chicago Board of Trade glossary Exchange members present on the exchange floor … Financial and business terms
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 . The New York Times Financial Glossary * * * floor trader floor trader ➔ dealer * * *… … Financial and business terms
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. The floor trader must abide by trading rules similar to those of the exchange specialists who trade on behalf of… … Wikipedia
floor trader — noun : a trader who buys and sells on the floor of an exchange for his own account and risk compare floor broker * * * a member of a stock or commodity exchange who executes orders on the floor of the exchange for his or her own account. Cf.… … Useful english dictionary
floor trader — a member of a stock or commodity exchange who executes orders on the floor of the exchange for his or her own account. Cf. floor broker. * * * … Universalium
floor trader — / flɔ: ˌtreɪdə/ noun an independent trader on a Stock Exchange, who buys and sells on his or her own account … Dictionary of banking and finance
floor trader — A member of a stock exchange, commodity market, Lloyd s, etc. , who is permitted to enter the dealing room of these institutions and deal with other traders, brokers, underwriters, etc. Each institution has its own rules of exclusivity, but in… … Big dictionary of business and management
floor trader — Member of stock or commodity exchange who trades on floor for his own account … Black's law dictionary
floor dealer — ➔ dealer * * * floor dealer UK US noun [C] STOCK MARKET ► someone whose job is to trade shares, etc. for the firm that they represent or for clients at an exchange rather than on the phone or a computer → Compare FLOOR BROKER(Cf. ↑ … Financial and business terms
trader — Individuals who take positions in securities and their derivatives with the objective of making profits. Traders can make markets by trading the flow. When they do this, their objective is to earn the bid/ ask spread. Traders can also take… … Financial and business terms