Local


Also found in: Dictionary, Thesaurus, Medical, Legal, Acronyms, Idioms, Encyclopedia, Wikipedia.

Local

A futures exchange member who trades securities for his or her own account.

Local

A member on a futures exchange that conducts trades predominantly or exclusively for one's own account. That is, a local is not a broker for other parties.
References in classic literature ?
In that judgment the local historian from whose unpublished work these facts are compiled had the thoughtfulness to signify his concurrence.
It may be noticed, in passing, that Wild-Water was originally called Graham Creek and was so named on the early local maps.
We know what you ve been doing the last few months--putting away little local fighters.
Very many of the marine inhabitants of the archipelago now range thousands of miles beyond its confines; and analogy leads me to believe that it would be chiefly these far-ranging species which would oftenest produce new varieties; and the varieties would at first generally be local or confined to one place, but if possessed of any decided advantage, or when further modified and improved, they would slowly spread and supplant their parent-forms.
Well, I took my handful of copy paper down to the railroad yards (for local color), dangled my legs from a side-door Pullman, which is another name for a box-car, and ran off the stuff.
While he was notorious in local trampdom, his civic sins were not only not unknown but a crying reproach to the townspeople.
All I say is, give such rights as our local self-government to any other European people--why, the Germans or the English would have worked their way to freedom from them, while we simply turn them into ridicule.
Now, if our local friend should have any informant on the spot, it is tolerably clear that such informant can only be set to watch the chambers in the occupation of Mr.
I returned to the hotel at Welmingham so jaded in body and mind, so weakened and depressed by all that I had gone through, as to be quite unfit to endure the local gossip about the inquest, and to answer the trivial questions that the talkers addressed to me in the coffee-room.
All the proceedings at the inquest had been reported in the local paper that morning--there was nothing I could tell her which she did not know already.
When the vicarage caught fire he distinguished himself also by the fearlessness with which he reentered the building to save property, after the local fire brigade had given it up as impossible.
It was at eleven forty-five that the first alarm reached the small local police station, in charge of Sergeant Wilson of the Sussex Constabulary.