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Financial Terms | |
Floor broker |
Information about financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit.
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Definition of Floor brokerFloor brokerA member who is paid a fee for executing orders for clearing members or their customers. A
Related Terms:BrokerAn individual who is paid a commission for executing customer orders. Either a floor broker who BrokerAn agent who handles public orders to buy or sell financial assets. Broker loan rateRelated: Call money rate. Brokered marketA market where an intermediary offers search services to buyers and sellers. Commission brokerA broker on the floor of an exchange acts as agent for a particular brokerage house and Equity floorAn agreement in which one party agrees to pay the other at specific time periods if a specific FloorInterest-rate option that guarantees that the rate on a floating-rate ![]() Floor planningArrangement used to finance inventory. A finance company buys the inventory, which is then Floor stocksLow-cost, high-usage inventory items stored near the shop floor, Floor traderA member who generally trades only for his own account, for an account controlled by him or Independent BrokerThis is a provincial government licensed independent businessperson who usually represents five or more life insurance companies in a sales and service capacity and who is paid a commission by those life insurance companies for sales and service of life insurance products. We for example, have been in business for 12 years and regularly place new business with over twenty different life insurance companies. Interest rate floorAn interest rate agreement in which payments are made when the reference rate falls Related to : financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit. |