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. Also referred to as a "local."

Also known as a Local. An investor who is allowed on the trading floor of a stock exchange, to buy and sell shares, etc., for their own account.

An exchange member on the trading floor who buys and sells for their own account.

Trader in a futures pit that executes trades solely for his own account.

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.Floor traders don't pay commissions, which means they can make a profit on even small price differences. But they must still abide by trading rules established by the exchange. One of those rules i [..]

Definition An exchange member who executes orders on the floor for his/her own account. also called a local.

An exchange member who trades for his own account on the Floor of the Exchange and who is registered as a floor trader under the CEA.

An exchange member who executes his own trades by being personally present in the pit for futures trading. See Local.

The person on the floor of an exchange such as a stock exchange or futures exchange who executes orders as the representative of a member firm.

According to 7 USCS § 1a (17), the term floor trader means "any person who, in or surrounding any pit, ring, post, or other place provided by a contract market or derivatives transaction executio [..]

Exchange members present on the exchange floor to make trades on their own behalf. They may be referred to as scalpers or locals.

An exchange member on the trading floor who buys and sells for their own account.

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. Also referred to as a "local."