Moneyzine
Contents
/Investment Guides /On-Floor Orders

On-Floor Orders

Moneyzine Editor
Author: 
Moneyzine Editor
1 mins
September 20th, 2023
Advertiser Disclosure

Definition

The term on-floor refers to an order that is placed by a member of an exchange to trade securities in their account. On-floor orders typically refer to the trading of equities.

Explanation

When a member of an exchange places an order to trade stocks in their account, the transaction is referred to as an on-floor order. More commonly, these transactions are placed through brokers, and are referred to as off-floor orders.

Floor traders have a business relationship with member firms, which pay substantial fees for the right to trade on the exchange floor. However, exchange rules require the execution of off-floor transactions before on-floor orders.

Related Terms

Do Not Reduce orders, Not-Held orders, order book, Small-Order Execution System, order imbalance, switch orders, held orders, fractional discretion orders

Explore Investing Further

Related Content

  • Biden Or Trump: Who Is Better For The Economy And Stocks?
    Yup. This is one of those articles. It's an election year, and here in the U.S., we get to decide which old dude who’s been alive long enough to remember when there were only 48 states in the U.S. will be the leader of the free world.
    March 19th, 2024
  • When it comes to strategic business planning, accounting is front and center, shaping the course of action. At least it should be.
    March 14th, 2024
  • DRIP Brokers: Best Brokers for Dividend Investing for November 2024
    Reinvesting dividends could mean compound growth for your portfolio. But reinvesting them manually can be a hassle. This is why you could benefit from a dividend reinvestment plan (DRIP).
    March 12th, 2024
  • How To Invest in Real Estate Without Becoming a Landlord
    We all know that in order to build wealth and prepare for retirement, investing is the key. However, it can be hard to figure out what to invest in and how to put your money to good use. One of the most talked about ways to build wealth is owning property and being a landlord to bring in passive income. But what if you don’t want to do that? You can still invest in real estate!
    March 6th, 2024
  • Investing In Nature: The Closest You'll Get To Your Money Growing On Trees
    ESG (Environmental, Social, and Governance) has become a polluted word for many traders and investors - but that doesn't mean it's going completely away. Nor does that mean you can't profit from nature or sustainable practices. But there are some opportunities in the regenerative ag, conservation, and green real estate spaces.
    February 29th, 2024

Contributors

Moneyzine 2024. All Rights Reserved.