FLOOR BROKER


Meaning of FLOOR BROKER in English

A person who executes orders on the trading floor of an exchange on behalf of other people. They are also known as pit brokers because the trading area has steps down into a "pit" where the brokers stand to execute their trades.

A guide to futures and options market technology English dictionary.      Английский словарь-руководство по фьючерсам и опционам рыночных технологий .