Broker Floor. A floor broker is an independent member of an exchange who can act as a broker for other members who become overloaded with orders as an agent on the floor of the exchange The floor broker receives an order via Teletype machine from his firm’s trading department and then proceeds to the appropriate trading post on the exchange floor There he joins other brokers.
Definition of floor broker a broker who trades on the floor of an exchange for the account and risk of others — compare floor trader Love words? You must — there are over 200000 words in our free online dictionary but you are looking for one that’s only in the MerriamWebster Unabridged Dictionary.
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19 Grassmere Rd 2nd Floor Toronto 19 GRASSMERE ROAD 2ND TORONTO ONTARIO Bloor West Village 2 1 For additional information please contact Theodore Babiak Broker 6477170278 or Kristofer Lawson Sale Representative 4166052621 LEASED 3D Matterport Tour Floor Plan Request Info Listing Representatives KRISTOFER LAWSON SALES REPRESENTATIVE D.
BrokerDealer Settles NYSE American Charges For Improper
To settle the charges the individual agreed to (i) a censure (ii) a $150000 fine (iii) a supervisory bar for five years with a right to reapply and (iv) a threeweek suspension from the trading floor of the Exchange The brokerdealer agreed (i) to a censure and (ii) to appoint a new CCO and supervisor Primary Sources.
Floor broker definition of Floor broker by The Free
Floor broker Floor brokers at a securities or commodities exchange handle client orders to buy or sell through a process known as a double action auction in which brokers bid against each other to secure the best price.
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Floor Broker
A floor broker can be A salaried employee of a brokerage firm who handles the orders of the said firm An independent professional who is employed by multiple brokerages and receives a commission for her/his efforts Retail clients rarely contact floor brokers directly.