Local

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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 ?
We buy food from the locals, we teach them foreign languages and hotel skills, we support an orphanage, and we're helping to build a local library.
I compared this whole experience to another I once had in the Caribbean at an "all-inclusive" chain resort where large walls had been constructed to keep the locals out.
Using the Locals Online Web network to enable working families to share information about the tragedy and send money to the victims, the survivors, and their families, as well as to tell stories of the worker-heroes who helped others survive, proved a concept that SEIU had set in motion just over a year before.
A similar inclination to laziness and self-promotion increasingly led the locals to use "news stories" to promote entertainment shows on their own network.
California county leaders declared the budget agreement reached between local government and the state Monday a historic milestone and the most significant reform in state-local finance in the past quarter century.
If we allow Goodyear to conduct massive job cuts and plant closures, it would devastate American heartland communities like ours," stated Kevin Terrett, president of Local 878 in Union City, Tennessee.
The merger of the two locals is effective July 1, 2003; the joint boards will have their first meeting within two weeks following the effective date.
Since launching in December 2004, with 48 company profiles, the Local Search Guide has expanded with a total of 100 companies, a vertical directories category and an advisory board.
The YPA also announced that six thought-leaders from the local search industry have been named to the inaugural Local Search Guide Advisory Board.
The Local Search Guide, which will be featured at the YPA annual conference March 6-8, 2005, in Las Vegas, is the first-ever, free online resource that profiles Internet Yellow Pages (IYPs), Search Engines and Search Tools companies.