A member of a futures exchange who trades options and futures on behalf of other investors. Compare to Floor Trader.
Related information about pit broker:
- Pit Broker Definition & Example | InvestingAnswers
We explain the definition of Pit Broker, provide a clear example of how it works and explain why it's an important concept in business, finance & investing.
- Pit Broker - Financial Dictionary - The Free Dictionary
Member of an exchange who is an employee of a member firm and executes orders, as agent, on the floor of the exchange for clients.
- Floor Broker (FB) Definition | Investopedia
An employee of a member firm who executes trades on the exchange floor on behalf of the firm's clients. Also known as a "pit broker".
- Floor broker - MarketsWiki, A Commonwealth of Market Knowledge
Jul 29, 2011 ... A floor broker (also called a pit broker) is a member of an exchange who as an individual purchases or sells commodity futures, options or listed ...
- What is pit broker? definition and meaning
Definition of pit broker: A member of a futures exchange who trades options and futures on behalf of other investors. Compare to Floor Trader.
- What is pit? definition and meaning
PIPE · pipeline · pipeline risk · pipestem lot · pipette · pit broker · Pitcairn Is Doll... pitch · pitchbook · PITI. Tools; Email; Print; Cite; Link. Copy and paste this HTML ...
- Floor Broker Salary - Salary.com
... and latitude is expected. Typically reports to a supervisor or manager. Alternate Job Titles: Floor Broker , Floor Broker, Floor Trader, Pit Broker, Floor Broker ...
- Commodity Futures Order Entry Handbook
The pit broker is obligated to get the best possible price for the customer. Putting an OB on an order does not cause him to work harder. If the price is NOT OB, ...