floor trader

floor trader definition - business

floor trader

An independent trader on a securities exchange who trades primarily for his or her own account. Floor traders add liquidity to the market, as they attempt to profit from short-term price swings. Also called registered trader. See also registered competitive market maker.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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