Floor trader

(redirected from Registered Traders)

Floor trader

A stock exchange member who generally trades only for his own account or for an account controlled by him, or who has such a trade made for him. Also referred to as a "local."

Floor Trader

On an exchange floor, a member who trades predominantly or exclusively on his/her own account. That is, the member does not represent a particular firm or client. A floor trader tends to profit from short-term price changes; they provide approximately 75% of liquidity in the market on a trading day. They contrast with floor brokers, who fill orders on behalf of clients. A floor trader is also called a registered trader or a registered competitive trader.

floor trader

An independent trader on a securities exchange who trades primarily for his or her own account. Floor traders generally attempt to profit from short-term price swings. They tend to add liquidity to the market and are required to make at least 75% of their trades against the last price change in the security traded. Thus, the majority of a floor trader's purchases must occur when the last price change in the security is a downtick. Also called competitive trader, registered competitive trader, registered trader.

Floor trader.

Unlike floor brokers, who fill client orders, floor traders buy and sell stocks or commodities for their own accounts on the floor of an exchange.

Floor traders don't pay commissions, which means they can make a profit on even small price differences. But they must still abide by trading rules established by the exchange. One of those rules is that client orders take precedence over floor traders' orders.

References in periodicals archive ?
In its 26th meeting, the council stated that in the meantime, the modalities of linking state and central government accounting systems with the GST Network (GSTN) will be worked out so that seamless credit is available to the registered traders whose tax is deducted or collected at source.
A list of registered traders is available from the council, 01267 234567.
In the first instance, VAT laws prohibit non-VAT registered traders from recovering any input VAT incurred on their purchases.
Back then, Member of Parliament Ahmed Farghali said the city's 42,000 registered traders are "struggling to secure electricity and rentals for their businesses, with some resorting to downsizing their labor force.
The name of the contact person for the case concerned and its telephone number and address of the candidate courrielDeclaration on DC2 form or equivalentPour candidates with offices in another state than the entity adjudicatricePour registered traders in official register of approved contractors in the country where they are established, the registration certificate issued by the competent authority indicating the classification established by the registrePour economic operators which are not listed in an official register of approved contractors, the certificate Registration in the professional register in accordance with the law of the Member State where it is etabli.
He stated that only registered traders would be given opportunity to deal in the market.
Further information on registered traders can be found at www.
2 percent withholding tax can be levied on non registered traders falling in sales tax category which will be effective for 3 years.
We have already met some 75 registered traders and informed them about the changes planned.
Traders will be able to complete purchases of properties easily and pay through Noqodi, an online wallet available to registered traders.
Jaime Bourne will be developing a team of registered traders as representatives and financial advisors in some key cities of Canada such as Toronto, Vancouver and Winnipeg.
By employing the services of TrustMark registered traders, homeowners can be assured that they are using a firm that operates according to industry best practice, with a standard of workmanship that has been verified by their TrustMark Scheme operator".

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