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Local

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Local

Definition

An individual with exchange trading privileges who trades for his own account, traditionally on an exchange floor, and whose activities provide market liquidity.

See Floor Trader, E-Local.

Related Terms

Other terms related to 'Local' starting with the letter 'L'

Locked Limit, Limit Only, Limit Up or Down, Leverage, Locked In

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Commodity Futures Glossary

Table of Contents

Trading commodity futures and options

Who trades in commodity futures and options and why?

Can futures and option trading meet my investment goals?

What to watch out for in Commodities Trading

What are commodity futures and option contracts?

How do I go about trading futures or option contracts?

What are my contractual obligations?

What is the role of the CFTC in protecting investors?

Commodity Futures Trading risk disclosure document

How does risk affect my futures and options returns?

Strategies for reducing commodity futures and options risk

Risk factor: Options vs. Futures

More...

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