Definitions for trading floor
trad·ing floor

Princeton's WordNetRate this definition:0.0 / 0 votes

1. floor, trading floornoun

   a large room in a exchange where the trading is done

   "he is a floor trader"

WiktionaryRate this definition:0.0 / 0 votes

1. trading floornoun

   An indoor space in which exchanges of standardized goods such as securities are completed.

WikipediaRate this definition:0.0 / 0 votes

1. trading floor

   Open outcry is a method of communication between professionals on a stock exchange or futures exchange, typically on a trading floor. It involves shouting and the use of hand signals to transfer information primarily about buy and sell orders. The part of the trading floor where this takes place is called a pit. In an open outcry auction, bids and offers must be made out in the open market, giving all participants a chance to compete for the order with the best price. New bids or offers would be made if better than previous pricing for efficient price discovery. Exchanges also value positions marked to these public market prices on a daily basis. In contrast, over-the-counter markets are where bids and offers are negotiated privately between principals. Since the development of the stock exchange in the 17th century in Amsterdam, open outcry was the main method used to communicate among traders. This started changing in the latter half of the 20th century, first through the use of telephone trading, and then starting in the 1980s with electronic trading systems. As of 2021, a few exchanges still had floor trading using open outcry. The supporters of electronic trading claim that it is faster, cheaper, more efficient for users, and less prone to manipulation by market makers and broker/dealers. However, many traders still advocate for the open outcry system on the basis that the physical contact allows traders to speculate as to a buyer/seller's motives or intentions and adjust their positions accordingly. As of 2010, most stocks and futures contracts were no longer traded using open outcry due to the lower cost of the aforementioned technological advances. As of 2017, open outcry in the United States was very limited, such as in a much more stream-lined form at the Chicago Board of Trade owned by the CME Group.

ChatGPTRate this definition:0.0 / 0 votes

1. trading floor

   A trading floor refers to an area where trading activities in various financial instruments such as equities, bonds, commodities, derivatives and others are carried out. It's commonly found in stock exchanges, commodity exchanges, and investment banks. This is where buyers and sellers engage in transactions primarily through face-to-face interaction or electronic trading platforms. The term is also synonymous with hectic activities, noise and chaos due to the high-pressure and fast-paced trading activities.

Matched Categories

1. • Room

How to pronounce trading floor?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say trading floor in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of trading floor in Chaldean Numerology is: 2

2. Pythagorean Numerology

   The numerical value of trading floor in Pythagorean Numerology is: 4

Examples of trading floor in a Sentence

1. Simon Maelzer:

   (Sarao) sat in a separate part of the company, away from the rowdy bunch, he created his own space on the trading floor. I always noticed this guy, who was completely 'in the zone'.

2. President Gary Sandlund:

   The longer that we go without a trading floor, people adapt and get comfortable with a new way of getting things done, sadly it's likely that it's the end of a 180-year era.

3. Chief Executive Ed Tilly:

   Our position has always been that when our customers tell us that there's no utility in the trading crowd, when brokers provide no service to their customers, the electronic solution will close the trading floor, not Cboe and not its management team.

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=trading floor
2. ^ Wiktionary
   https://en.wiktionary.org/wiki/Trading_Floor
3. ^ Wikipedia
   https://en.wikipedia.org/wiki/Trading_Floor
4. ^ ChatGPT
   https://chat.openai.com