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Glossary > L > "Local" Definition

Local

A "local" is a trader registered to a member of LIFFE. The local trades for his or her own account.

Traders on future exchanges who occasionally fill public orders, but mainly buy and sell for their own personal accounts.

A futures trader in the pit of a commodity exchange who buys or sells for his own account.

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Local - A "local" is a trader registered to a member of LIFFE. The local trades for his or her own account.

Traders on future exchanges who occasionally fill public orders, but mainly buy and sell for their own personal accounts.

A futures trader in the pit of a commodity exchange who buys or sells for his own account.

Local : a "local" is a trader registered to a member of liffe. the local trades for his or her own account.

traders on future exchanges who occasionally fill public orders, but mainly buy and sell for their own personal accounts.

a futures trader in the pit of a commodity exchange who buys or sells for his own account.