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Exchange member who is paid a fee for executing orders for Clearing Members or their customers. A Floor Broker executing orders must be licensed by the exchange he is working on.

Related Articles
Option
Not held order (NH order)
Low
London International Financial Futures and Options Exchange (LIFFE)
Listed option
Futures option
Foreign currency option
Floor broker

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Keywords

Floor Broker

Derivatives

derivative

option

exchange

exchange member

order execution