The unexecuted orders on the exchange held by a floor broker (the orders for purchase or sale of futures and option contracts held by a floor broker.). – In the past, the orders were recorded on cardboard slips, which the broker carried visibly in his hand as a pack. Because the broker’s business activity was inferred from the height of the stack of cards, some floor traders – according to memoir literature – padded their packs somewhat with blank cards. – See exchange members, commercials, iceberg order, backdrop, open order, speculation, day order.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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