Local

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Local

A futures exchange member who trades securities for his or her own account.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
About 100 Lo-Cal houses were ultimately built, many by Harry Hart in Virginia.
Lo-Cal Chinese Veg Soup, two Ryvita topped with 25g (1oz) low-fat soft cheese and 75g (3oz) canned tuna in brine, with sliced cucumber, lettuce and tomato.
An instruction has also been issued to honor the new legal pro-vision under which all activities of state and lo-cal functionaries should be complete by 2 March, or 20 days prior to the official beginning of the campaign, since all that break this rule will not be able to shun the imprisonment sentence.
Jayne Blacklay, director of development at South Warwickshire NHS Foundation Trust, said: "Appeals such as this one need the support of the lo-cal commu- nity.
Applicants must be referred through the credit union's nonprofit partner for this endeavor, abi Innovation Hub, a lo-cal business incubator where businesses have access to infrastructure, resources, and connections.
The pair lost nine stones in 22 months and now work together at Cafe Lo-Cal where diners are guaranteed healthy dishes and ready-calculated "points" to match their diet.
Ano added the forum aims to keep the lo-cal chief executives (LCE) abreast of their roles in rehabilitating Manila Bay under the Supreme Court Mandamus.
An outbreak must be declared by lo-cal government units (LGUS) once the number of cases exceeds the epidemic threshold, said Dr.