Trading Floor

Business / Taxes / Trading Floor: The trading floor is the active trading area of a stock exchange, such as the New York Stock Exchange (NYSE). Securities are traded auction-style on an exchange trading floor. That means the prices are set by competitive bidding between brokers representing buyers and brokers representing sellers, following a series of clearly established exchange rules. Many market maker firms refer to the space in their offices that they have allocated for trading as their trading floor. The same term is used to describe the trading areas in banks and brokerage firms.

Other Words for Floor

Floor Verb Synonyms: flooring, parquet, boarding, planking, colloq deck
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
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Intermarket Trading System (ITS)

Business / Finance / Intermarket Trading System (ITS): Electronic communications network linking the trading floors of seven registered exchanges to permit trading among them in stocks listed on either the NYSE or AMEX and one or more regional exchanges. MORE

Subfloor

Business / Construction / Subfloor: The framing components of a floor to include the sill plate, floor joists, and deck sheeting over which a finish floor is to be laid. MORE

Structural Floor

Business / Construction / Structural Floor: A framed lumber floor that is installed as a basement floor instead of concrete. This is done on very expansive soils. MORE

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