What is the meaning of Floor broker?

Floor brokers are members of a stock or commodities exchange who handle client orders that are sent to the floor of the exchange from the trading department or order room of the brokerage firms they work for. When a transaction is completed, the broker relays that information back to the firm, and the client is notified.

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APABarry Goldsmith. (2010). floor broker. Retrieved September 20, 2026, from http://smartdefine.org/floor_broker/definitions/1154267
ChicagoBarry Goldsmith. 2010. "floor broker" http://smartdefine.org/floor_broker/definitions/1154267 (accessed September 20, 2026).
HarvardBarry Goldsmith 2010, floor broker, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/floor_broker/definitions/1154267>.
MLABarry Goldsmith. "floor broker" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/floor_broker/definitions/1154267>