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 ?
Overall, PML-N has 33 seats in Senate, PPP-P 20 seats, PTI 12 seats, National Party five seats, PkMAP five seats, MQM five seats, JUI-F four seats, Awami National Party one seat, Balochistan National Party-Mengal one seat, JI one seat, PML-F one seat and 16 independent candidates.
40 million qualifies it for one more seat, with its share coming to 14.
In all 12 wards of municipal committee Rajanpur, independent candidates won 6 seats, PML(N) 5 seats while PTI won 1 seat.
In Tiranda Swai Khan, PML-N secured 8 seats out of the total 12 wards, PTI won one seat and independent candidates got 3 seats.
New Delhi, May 16 ( ANI ): The BJP-led National Democratic Alliance (NDA) appears to be heading for landslide win in the 2014 general elections, having acquired a lead in 298 to 321 seats, while the Congress is gradually slipping towards its worst ever poll defeat, having a lead in 66 to 74 seats.
With constant increase in the number of contestants in the successive Lok Sabha elections, the average of per seat contestants also continued to rise gradually but in 1996, a sudden hike in average with 25.
So far, 53 out of the total 58 seats for partylists groups have been allocated.
In the 15th Circuit, Seat 4, Stanley Dale Klett, Jr.
While I agree with her view that the Democrats could have been more aggressive in gaining House seats in California in 2001, it would have been more difficult than she suggests.
No one filed to run in the November election for Job's seat, which is one of two that represents the Boron area, so the board had to appoint someone.
It will continue to provide Premium Select seat upgrades for Elite-level flyers and full-fare travelers free of charge, subject to availability.
After some initial grumbling, most motorists got used to buckling up and are now unlikely to put up much resistance as states move toward primary enforcement, allowing police to pull people over for not wearing seat belts (as opposed to issuing citations after stopping them for other reasons).