floor traders

Exchange pit personnel

Floor traders are people who buy and sell securities or commodities on a trading floor, executing trades in person rather than electronically.

They work at exchanges like the New York Stock Exchange, using hand signals and shouted bids in open outcry trading.

The role has declined sharply as electronic trading has become dominant: The few remaining floor traders work alongside computer terminals.

Related

buy low sell high · exchange · ticker tape · stock ticker · quotes · auction · marketplace · market makers · equities · hand signals · transactions · commodities · orders · broker · capital markets · finance · closing bell · NYSE

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Opposites
human vs. automated agency

floor tradersbots

Automated software agents

market role/position

floor tradersretail investors

Non-institutional securities buyers

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