registered options trader

Registered Options Trader

An individual working on the floor of an exchange whose function it is to watch a number of options traded on the exchange to ensure that they are being traded fairly, in fair market conditions. The individual may trade for him/herself or for other parties, but is under no obligation to 'make a market' for any options traded on the exchange.

Notes:

A registered options trader is a specialist dealing in options, but he or she does not necessarily perform the function of a market maker.

See also: American Stock Exchange, Derivative, Electronic Communications Network - ECN, Exchange, Market, Market Maker, Nasdaq, Over the Counter - OTC

---

Registered options trader

An American Stock Exchange specialist who monitors a certain group of options to help maintain a fair and orderly market.

---

registered options trader

A member of an organized options exchange who is a market maker in certain options assigned by the exchange. A registered options trader holds a position similar to a specialist on a stock exchange.