( FT) An individual who executes trades for the purchase or sale of any commodity futures or options contract on any contract market for such individual's own account. Chicago Board of Trade glossary
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Exchange members present on the exchange floor to make trades on their own behalf. They may be referred to as scalpers or locals. The CENTER ONLINE Futures Glossary
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A stock exchange member who generally trade 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."
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An individual who is registered with the CFTC to execute trades on the floor of an exchange for his own account (or for an account he controls). Also referred to as a local. Chicago Mercantile Exchange Glossary
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floor trader UK US noun [C] STOCK MARKET
► someone who is a member of an exchange and has the right to trade their own shares, etc.: »
Floor traders sometimes keep their big orders hidden, fearing that knowledge of these orders may influence the market.
Financial and business terms. 2012.