A former floor trader himself, he began at the exchange as a runner.

In addition, he said, floor traders enjoy an edge over outsiders.

"He had his heart set on becoming a floor trader.

Later he became a market floor trader, writing letters (by hand) to clients.

But other floor traders said the recent long slide in crude oil prices had created a large short position.

Evan Baron, a floor trader at the same company, was not.

With the result that many floor traders and brokers were removed from the trading process.

Some floor traders have circulated a petition calling for him to leave.

At the moment, lease prices seem to indicate that the business has become far less profitable for floor traders.

"Orders were so much fun," said another floor trader, who spoke on condition of anonymity.

It includes a large part of the methodology employed by floor traders and tape readers.

In addition to meeting with senior officials of the exchanges, the panel met with floor traders and other market participants.

Taking the trading to the floor may also create a lot of opportunities for the floor traders to profit.

A corporate structure could also offer floor traders stock options, which might persuade them to support electronic trading.

Floor traders claim to add needed liquidity to the market by buying and selling for their own accounts.

The floor trader who specialized in bank stocks was stunned by the phone call from Columbus, but that didn't matter.

"Yeah, we can do this," another floor trader observed.

But the floor traders would also be absorbed into the new institutions, and the strikers worry that they will lose their jobs.

Floor traders will meet with three directors tomorrow.

Q. How badly were your floor traders hurt?

The seats had been bought to help the agents pose as floor traders during an undercover investigation of the markets.

He wants to be a floor trader.

A former athlete and floor trader, Hirschhorn's path to trading psychology was not a direct one.

He also worked as a floor trader on two more exchanges before starting his own firm, Trout Trading, in 1986.

In addition, some of it may bypass the exchange's specialists, the floor traders through whom all transactions are now routed.