Equity floor

Equity floor

An agreement in which one party agrees to pay the other at specific time periods if a specific stock market benchmark falls below a predetermined level.
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He also served on various CBOE committees, including Equity Floor Procedure, Stock Selection and Arbitration and Appeals.
Volume on PHLX's equity floor during the first three months of 1997 posted a slight increase over the same period last year, the previous record year.
announced today that the Company's Common Stock and Redeemable Common Stock Purchase Warrants have begun trading on the equity floor of the Philadelphia Stock Exchange (PHLX) under the symbols WWB and WWB.
UTTC's first client will be the Philadelphia Stock Exchange (PHLX) which will employ the UTTC system on its equity floor for use by PHLX member firms and their customers.
Today the Philadelphia Stock Exchange -- consisting of the Equity and Index Options Floor, Currency Options Floor, and Equity Floor -- relies on the Solaris Operating Environment to support hundreds of Sun(tm) workstations and X terminals through 25 Sun servers.
Volume on PHLX's equity floor continues to reach record levels with 134,284,676 shares traded during the first month of 1997, a 33% increase over the same month last year when 101,264,964 shares changed hands.