Business and Personal Finance Dictionary

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• TRADING FLOOR
  
  The trading floor is the active trading area of a stock exchange, such as the New York Stock Exchange (NYSE). Securities are traded auction-style on an exchange trading floor. That means the prices are set by competitive bidding between brokers, following a series of clearly established exchange rules. Many brokerage firms that are market makers also refer to the space they have allocated for trading as their trading floor. The same term is used to describe the trading areas in banks.
  
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