floor broker

a member of a stock or commodity exchange who executes orders on the floor of the exchange for other brokers.
Compare floor trader.


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One floor broker was banned from the securities industry and two other executives pleaded guilty to criminal charges.
Although he was registered as a floor broker, he did no customer business and traded solely for his own account.
In addition, a floor broker executing the trade must prepare a written record including the date and time of execution.
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