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.

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.

References in periodicals archive ?
The enormous success and warm welcome of the first educational trading floor at Dubai Men's College and its outstanding contribution in liking theoretical studies with practice and introducing students to stock market sector have been the key drivers to plan for new educational trading floors.
Also, In the oil and petrochemical trading floor 160,000 MT of various types of commodities was traded with the total value of 2,988 billion IRR ($119,520,000) and 42,000 MT of bitumen with the total value of 556 billion IRR ($22,240,000) as well as 36,000 MT of polymer products with the total value of 1,277 billion IRR ($51,080,000).
28 /PRNewswire-FirstCall/ -- CME Group, the world's largest and most diverse exchange, continues to move forward with its plans to integrate operations, including consolidating all products onto a single trading floor and platform.
In oil and petrochemical trading floor of IME, more than 236,000 MT of commodities was traded with the approximate total value of 4,382 billion IRR (1.
Protiva Trade Connect is perfect for hectic trading floor environments where every second counts," said Francois Lasnier, senior vice president, Online Authentication at Gemalto.
Subsequent trading floors in Fairfield County range from the massive Swiss Bank operation in downtown Stamford to a six-person operation of Tucker Anthony in Fairfield.
By choosing to implement EVS, Lloyds both ensured a smooth move from one floor to the new trading floor and at the same time created a comprehensive business continuity capability that benefits the firm's entire operations.
IPC supports the trading floors of the world's leading financial institutions in over 40 countries around the world, with over 105,000 traders using its desktops some 40,000 of those using Voice over Internet Protocol (VoIP) technology.
BTP worked with the exchange on a multi-staged rebuilding plan -- first, it rebuilt the NYMEX Comex Division's pits and booths, and secondly built the NYBOT's new trading floor, both using the latest in floor and booth technologies.
Since 1977, the Exchange has ben sharing a trading floor with the Coffee, Sugar & Cocoa Exchange and New York Cotton Exchange at Four World Trade Center.
NEW YORK -- IPC Information Systems, the leading provider of trading floor communications solutions for the global financial services industry, today announced that consulting firm Financial Insights and American Banker have named IPC to the FinTech 100, an international annual listing of the top vertical financial technology vendors.
This latest trading floor fits with the existing Agent X system of trading floors for telecoms to buy, sell and lease minutes, bandwidth and dark fiber.