- floor broker
-
a member of a stock or commodity exchange who executes orders on the floor of the exchange for other brokers. Cf. floor trader.[1910-15]
* * *
Universalium. 2010.
floor broker
Look at other dictionaries:
Floor broker — A member who is paid a fee for executing orders for clearing members or their customers. A floor broker executing customer orders must be licensed by the CFTC. The New York Times Financial Glossary * * * floor broker floor broker ➔ broker1 * * *… … Financial and business terms
floor broker — ( FB) An individual who executes orders for the purchase or sale of any commodity futures or options contract on any contract market for any other person. Chicago Board of Trade glossary A person who executes orders on the trading floor of an… … Financial and business terms
Floor broker — A floor broker is a member of an exchange who is an employee of a member firm and executes orders, as agent, on the floor of the exchange for clients. The floor broker receives an order via teletype machine from his firm s trading department and… … Wikipedia
floor broker — noun : a broker who trades on the floor of an exchange for the account and risk of others compare floor trader * * * a member of a stock or commodity exchange who executes orders on the floor of the exchange for other brokers. Cf. floor trader.… … Useful english dictionary
Floor Broker - FB — An employee of a member firm who executes trades on the exchange floor on behalf of the firm s clients. Also known as a pit broker . Basically, floor brokers receive orders from their firms, which have been placed by the firms clients, and… … Investment dictionary
floor broker — / flɔ: ˌbrəυkə/ noun a stockbroker who is a member of a brokerage house … Dictionary of banking and finance
floor broker — Member of stock or commodity exchange who is employee of member firm and executes trades for clients … Black's law dictionary
floor broker — Member of stock or commodity exchange who is employee of member firm and executes trades for clients … 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
broker — A company or individual that executes futures and options orders on behalf of financial and commercial institutions and/or the general public. Chicago Board of Trade glossary An agent who executes trades (buy or sell orders) for customers. He… … Financial and business terms
