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 ?
Crow River manufactures lift accessories, including power door operators, and sells power seat bases, raised doors, raised tops, and other related items.
The Authority has under consideration the purchase of the Plastic Seat Base as identified by NATO Stock Number 2540-99-3065039 quantity 560 against MPN S106R00018NC.
Hopnswap is a family-to-family sharing marketplace that connects equipment owners with traveling families in need of baby equipment including strollers, car seats, car seat bases, booster sets and playards.
The most innovative aspect is the way the rear seat bases can be flipped up, cinema-style, and locked into position, leaving a large space behind the front seats capable of accommodating items much too tall for the boot.
These not only fold flat in the usual way but the seat bases also flip up, cinema-style, offering all of the space in the rear footwell for transporting taller or bulky items.
They were used in seat bases to provide a comfortable and adjustable means of support for the driver and passenger.
The interior has heated Recaro front seats with eight-way power adjustment and extendable seat bases to both sides.
In the all-new 1650, we have maximized the 7-plus feet of beam to create an especially broad cockpit with side console, dual console, and walk through options, and strategically placed seat bases so anglers can freely rotate 360 degrees.
What's more, those riding in the back have a great view out thanks to seat bases mounted 20mm higher than those in the front.
Automotive applications include instrument panels, seat bases, bumper beams, and front-end systems.
Called direct LFT processing, and already widely practiced in Europe, it allows molders to self-compound long-glass PP in-line with injection or compression molding of parts like seat bases, front-end assemblies, bumper beams, under-body plates, door surrounds, and interior consoles.
Ricon's line of wheelchair lifts, power door openers and power seat bases represents its commitment to engineering, manufacturing and selection of the best, safest and most affordable mobility solutions.