floor official

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.

floor official

An exchange member or employee who mediates disputes among members on the floor of the exchange. For example, two floor brokers may disagree as to which one of them has priority on an order. The floor official would then umpire the dispute.
References in periodicals archive ?
He has served in various functions on the NYSE trading floor from 1996 through 2008 as a Specialist, Floor Official and Floor Governor and Director of the NYSE Floor.
He has had a distinguished career on the floor of the NYSE, served as a NYSE Floor Official from 1991 to 1997 and as a NYSE Governor from 1997 tot 2003 and is currently on the Board of Executives of the NYSE.
He was a floor member and floor official at several U.
Any individual working on the trading floor who believes that he or she has been the victim of unlawful discrimination or harassment should contact either (1) a Floor Official, (2) a senior member of the PSE Floor Staff, or (3) a Compliance Attorney.