floor trader
Exchange booth operator
A floor trader is a member of a stock or commodities exchange who executes trades on the trading floor, buying and selling for their own account rather than for clients.
Floor traders work in the physical pit or trading area, using hand signals and open outcry to conduct business.
As electronic trading has expanded, floor traders have become increasingly rare: The few remaining floor traders work the options pit.
Obtaining through payment
- sellingTrading for payment
- executionCompleting a planned task
- ordersInstructions to obey
- transactionsExchanges of value
bidding · offering · hedging · speculation · arbitrage · scalping · quote · fill
Transaction intermediary for hire
- dealerOne who sells goods
- market makerTrader ensuring constant liquidity
- specialistExpert in one field
- scalperInflated-price ticket reseller
speculator · daytrader · arbitrageur · local · runner · clerk · licensed · registered
Contracts for future delivery
- optionsAvailable courses of action
- commoditiesTradeable raw materials
- equitiesOwnership stakes in corporations
- stocksOwnership stakes or inventory
bonds · securities · derivatives · contracts · currencies · indices · treasury · crude oil
Mutual giving and receiving
- clearinghouseCentral settlement agency
- ticker tapeNarrow printed stock quotes
- order bookRecord of pending trades
- bellHollow resonating instrument
podium · post · booth · screens · terminals · crowd · noise · chaos
buying
Obtaining through payment
transactions · bidding · offering · hedging · speculation · arbitrage · scalping · quote · fill · spread
broker
Transaction intermediary for hire
- dealerOne who sells goods
- market makerTrader ensuring constant liquidity
- specialistExpert in one field
scalper · speculator · daytrader · arbitrageur · local · runner · clerk · licensed · registered · hand signals
futures
Contracts for future delivery
- optionsAvailable courses of action
- commoditiesTradeable raw materials
- equitiesOwnership stakes in corporations
stocks · bonds · securities · derivatives · contracts · currencies · indices · treasury · crude oil · gold
exchange
Mutual giving and receiving
- clearinghouseCentral settlement agency
- ticker tapeNarrow printed stock quotes
- order bookRecord of pending trades
bell · podium · post · booth · screens · terminals · crowd · noise · chaos · shouting