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.

Define floor trader.

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. The floor trader must abide by trading rules similar to. Definition of floor trader.

Floor traders don t pay commissions which means they can make a profit on even small price differences. Dictionary term of the day articles subjects. A floor trader is an exchange member who executes transactions from the floor of the exchange exclusively for their own account. See also floor broker.

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. Stock exchange member who executes buy sell orders on his or her own account on the floor of the exchange. Fortification abbreviation for fort abbreviation for financial times 1. Full time abbreviation for 1.

Floor trading has become increasingly rare as electronic trading. Floor trader synonyms floor trader pronunciation floor trader translation english dictionary definition of 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. 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. But they must still abide by trading rules established by the exchange. Also referred to as a local.