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floor broker

noun
1.
a member of a stock or commodity exchange who executes orders on the floor of the exchange for other brokers.
Compare floor trader.
Origin
1910-1915
1910-15
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples for floor broker
  • 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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8
9
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