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 ?
The fifth study locality of zone C was Khadimabad (33o30.69'N and 73o64.71'E) that was mainly plain area.
To try out the 'Locality Virtual Tour' feature, please click the link:
Search of personals locality resulted in recovery of 500 Heroin "Purries".
Choeronycteris mexicana--Specimens examined: locality 48 (2, CRD 2719-2720); locality 50 (1, CRD 2621); locality 55 (1, CRD 2506).
In fact, the Mindat database is becoming so popular that locality designations posted there are coming to be regarded as the "standard names" for the localities.
The exposure of upper Wilcox and Carrizo at Red Bluff (Locality 4, not shown in figures) is most notable.
Reiss, failed to offer any proof comparing the locality of Northwest Arkansas and his own locality.
In one of the most significant provisions of the new law, states will be required to create a single, uniform, official, centralized, computerized, interactive statewide voter registration list." In a departure from tradition, the state, not the locality, will be responsible for voter registration lists; accordingly, the state list, not the county list, will determine who is eligible to vote in federal elections.
For 2002, the per-diem rate rises to $204 for travel to any high-cost locality (up from $201) and to $125 for travel to any other locality (up from $124) within the continental United States.
* Locality adjustment where non-federal pay exceeds federal pay by more than 5 percent