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Trading Floor
(redirected from Exchange Floor)

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Trading Floor
The physical place where trading occurs on an exchange with an open outcry system. For example, the New York Stock Exchange has a place where traders and members gather to buy and sell securities. Many exchanges are moving away from trading floors and toward conducting more trades electronically. It is also called a floor.

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 double 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.
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One of the most common forms of trading at stock exchanges is actual bidding by individuals on the exchange floor which is also referred to as "open outcry".
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Monika Riley brings 30 years of experience as a trader and broker, including four years on the Chicago Stock Exchange floor and CME S&P commercial trade desk.
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The trader on the exchange floor enters a world very much like a market of the old days.
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