Seat

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Seat

Position of membership on a securities or commodity exchange, bought and sold at market prices.

Seat

An individual or firm's right to trade on an exchange floor. Seats are bought and sold according to an individual's or firm's needs and desires, and they can be very expensive. Most exchanges have a set number of seats; for example, on the New York Stock Exchange there are 1366 seats, which may cost up to $1 million each. Most exchanges only recognize individual members; member firms are usually informal terms for broker-dealer firms that have at least one principal officer with a seat on an exchange. A seat is also called a membership.

seat

Membership on an organized securities exchange. Because the number of seats on an exchange is generally fixed, membership may be acquired only by purchasing a seat from an existing owner at a negotiated or an offered price.
References in periodicals archive ?
TABLE 6 EUROPE COMMERCIAL AVIATION AIRCRAFT SEATING MARKET, BY AIRCRAFT TYPE, 2013 - 2019 (USD MN) 28
Targeted end-uses include seating for lawn and garden equipment, agricultural vehicles, personal watercraft, mopeds, and other off-road vehicles.
The challenge of a more residential environment is also being felt in seating for lounge areas.
A higher level of seating care is going to become available because there is a change in how therapy services are being provided to nursing homes.
8-liter V6 engine, six-speed automatic transmission, ESC, ABS, rear spoiler, 17-inch alloy wheels and seating for seven.
First and foremost, it is important to understand that there is a distinction between the seating behaviors of older people and of younger adults.
The global commercial aviation aircraft seating market size is expected to grow to $4.
Our facility has made seating intervention a priority for several reasons.
During today's ceremony, Stallkamp and Barth took the Cirrus -- equipped with the one-millionth seat set -- for a test drive from the plant floor to the parking lot at the Johnson Controls seating plant.
IMMI provides hundreds of products for various sectors including the commercial vehicle, power sports, child seating, and school bus industries.