Local

(redirected from lo-cal)
Also found in: Dictionary, Thesaurus, Medical, Legal, 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 periodicals archive ?
More information is available on Facebook at Cafe Lo-Cal.
The couple have been dating for 11 months and Emily hopes they will be able to celebrate their first anniversary in a few weeks' time with a celebration drink at the lo-cal Costa Coffee shop where they met.
Unlike the major multiples, who like to tie consumers in knots with inscrutable labels on processed foods proclaiming them to be Lo-Cal, Healthy Eating or some such red herring nonsense, this German chain was helping people to eat better using a brilliantly simple strategy.
Natasha O'Connor, Henlow promotions manager, said: ``I'm surprised how good the response has been - we have guests from most of our lo-cal newspapers as well as Heart FM and BBC Three Counties Radio.
His best comment came during a visit to a health spa watching a chef cook Lo-cal.
Elekta reiterates the outlook of a net sales growth of over 8 percent in lo-cal currency and operating profit growth of over 35 percent for the full year 2009/10.