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 ?
The "spread" is merely the difference between the high and low populations per seat.
That makes the Bowman Road store the third-highest in revenue per seat among restaurants in Little Rock and Pulaski County, behind Corky's Ribs & BBQ and Host International at the Little Rock National Airport.
Total revenues per seat were likely to fall even though passengers were expected to spend more on ancillary services as easyJet focuses on providing travel insurance and hotel bookings through its website.
78 million in gross food receipts at the 250-seat restaurant for revenue of $11,136 per seat.
Following the outcome of the EU Referendum, we also anticipate that additional economic and consumer uncertainty is likely this summer and as a consequence it is expected that revenue per seat at constant currency in the second half will now be down by at least a mid-single digit percentage compared to the second half of 2015.
Per Seat 1 Regas Grill 232 $765,647 $3,300 2 Shorty Small's 158 487,222 3,084 3 Tia's 230 675,891 2,939 4 Macaroni Grill 286 833,045 2,912 5 Chili's 225 651,497 2,896 6 Faded Rose--East 72 205,960 2,861 7 Cafe St.
NASDAQ:SVVS), a global leader in IT infrastructure services for business applications, today announced that easyJet, Europe's leading low-fares airline, has outsourced its mission-critical IT infrastructure to underpin its risk management strategy, provide an enhanced customer experience and reduced costs per seat.
Strong revenue per seat performance in October was offset by the impact of the tragic events in Egypt and Paris, resulting in lower demand and yield in November and December.
The airline's passenger numbers rose by 10% and, excluding the cost of fuel, cost per seat fell by 6.
Companies that might face a crisis situation can purchase a minimum of 40 seats at $65 per seat per month through Nov.
AMR reportedly said in a regulatory filing on 29 March that mainline unit revenue per seat is to rise by 3.