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Definition of Floor trader
A member who generally trades only for his own account, for an account controlled by him or
An agreement in which one party agrees to pay the other at specific time periods if a specific
Interest-rate option that guarantees that the rate on a floating-rate
A member who is paid a fee for executing orders for clearing members or their customers. A
Arrangement used to finance inventory. A finance company buys the inventory, which is then
Low-cost, high-usage inventory items stored near the shop floor,
An interest rate agreement in which payments are made when the reference rate falls
A member of the exchange who executes frequent trades for his or her own account.
Persons who take positions in securities and their derivatives with the objective of making profits.
Trading arenas located on the floor of an exchange in which traders execute orders. Sometimes called a pit.
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