Business / Taxes / Floor Trader: Unlike floor brokers who fill client orders, floor traders buy and sell stocks or commodities for their own accounts on the floor of an exchange. Floor traders don't pay commissions, which means they can make a profit on even small price differences. But they must still abide by trading rules established by the exchange. One of those rules is that client orders take precedence over floor traders' orders.
Floor Noun Synonyms: knock over or down, bowl over, prostrate, fell, overthrow, bring down, (make) fall, beat, defeat, conquer, destroy, rout, overwhelm, crush, whip, trounce, thrash, drub, best, worst
Floor Verb Synonyms: flooring, parquet, boarding, planking, colloq deck
Trader Noun Synonyms: dealer, merchant, businessman, broker, merchandiser, distributor, seller, salesman, saleswoman, salesperson, vendor, buyer, purchaser, retailer, wholesaler
Business / Taxes / Competitive Trader: Competitive traders, also known as registered competitive traders or floor traders, buy and sell stocks for their own accounts on the floor of an exchange. Traders must follow very specific rules gove MORE
Business / Taxes / Trader: Traders who are dealers or market makers select the securities in which they will specialize and provide quotes on those securities in the marketplace. They commit their firm’s capital by taking pos MORE