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Floor Official |
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Floor official An employee of a stock exchange who settles disputes related to the auction process on the floor of the stock exchange. Floor Official An employee of an exchange that judges between disputes on the trading floor. For example, if two traders disagree on the terms of a trade to which they previously agreed, they may call upon a floor official to settle the dispute. It is important to note that floor officials do not decide points of trading law; they merely arbitrate disputes.
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