Floor Broker

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Buys and sells securities on floor of securities exchange...

Buys and sells securities on floor of securities exchange: Analyzes market conditions and trends to determine best time to execute securities transaction orders. Buys and sells securities based on market quotation and competition in market. Informs REGISTERED REPRESENTATIVE (financial) 250.257-018 of market fluctuations and securities transactions affecting accounts. Must meet exchange requirements, which may include state license, to be member of exchange. May specialize in trading specific securities to stabilize market and be designated Independent Trader (financial) or Specialist (financial).
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