Trading floor

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Trading Floor

The physical place where trading occurs on an exchange with an open outcry system. For example, the New York Stock Exchange has a place where traders and members gather to buy and sell securities. Many exchanges are moving away from trading floors and toward conducting more trades electronically. It is also called a floor.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

Trading floor.

The trading floor is the active trading area of a stock exchange, such as the New York Stock Exchange (NYSE).

Securities are traded double auction style on an exchange trading floor. That means the prices are set by competitive bidding between brokers representing buyers and brokers representing sellers, following a series of clearly established exchange rules.

Many market maker firms refer to the space in their offices that they have allocated for trading as their trading floor. The same term is used to describe the trading areas in banks and brokerage firms.

Dictionary of Financial Terms. Copyright © 2008 Lightbulb Press, Inc. All Rights Reserved.
References in periodicals archive ?
The losers took a modest lead over the gainers as out of 353 issues traded, 175 declined, 122 advanced and 56 issues remained unchanged on the DSE trading floor.
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(PSE) celebrated the unification of its trading floors into one at its new headquarters in Bonifacio Global City (BGC) with a special bell-ringing ceremony yesterday.
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said it has once again been voted "Best Trading Floor Communication System Provider" in the Waters Rankings.
Specifics have yet to be released on the July 8 glitch, and they may help to explain why the trading floor was closed for so long before trading resumed.
Trillium said its proprietary equities trading unit Trillium Trading plans to open a new trading floor in Chicago's West Loop on May 1, 2015.
The Prince confessed earlier in the week that he is plagued by nerves whenever he walks into a room to meet people, but he showed no fear on the trading floor.
With three days left before the Feb 20 trade deadline, things are certainly heating up on the trading floor, and the Celtics playmaker is one of the primary players that could be on the move.
UAE-based investment bank Menacorp has opened its new offices at the Trading Floor of the Abu Dhabi Securities Exchange (ADX) at Al Gaith Tower.
Geri Molloy, 28 years old and with little or no training or education, lands a job on the trading floor in the London operation of a U.S.