Financial and business terms. 2012.
membership or a seat on the exchange — A limited number of exchange positions that enable the holder to trade for the holder s own accounts and charge clients for the execution of trade for their accounts. Related: member firm. Bloomberg Financial Dictionary … Financial and business terms
Seat — Membership to the NYSE. Owning a seat on the NYSE enables one to trade on the floor of the exchange, either as an agent for someone else (floor broker), or for one s own personal account (floor trader). In the industry, owning a seat on the… … Investment dictionary
seat — [sēt] n. [ME sete < ON sæti: for IE base see SIT] 1. the manner of sitting, as on horseback 2. a) a place or space to sit, or the right to such a place, esp. as evidenced by a ticket [to buy two seats to the opera] b) a thing to sit on; chair … English World dictionary
seat — Position of membership on a securities or commodity exchange, bought and sold at market prices. Bloomberg Financial Dictionary * * * seat seat [siːt] noun [countable] 1. a position as a member of a government or a group that makes official… … Financial and business terms
seat — I. noun Etymology: Middle English sete, from Old Norse sæti; akin to Old English gesete seat, sittan to sit Date: 13th century 1. a. a special chair of one in eminence; also the status represented by it b. a chair, stool, or bench intended to be… … New Collegiate Dictionary
seat — seater, n. seatless, adj. /seet/, n. 1. something designed to support a person in a sitting position, as a chair, bench, or pew; a place on or in which one sits. 2. the part of a chair, sofa, or the like, on which one sits. 3. the part of the… … Universalium
seat — [[t]sit[/t]] n. 1) something designed to support a person in a sitting position, as a chair or bench 2) the part of something on which one sits: a chair seat[/ex] 3) the buttocks 4) the part of the garment covering the buttocks 5) a manner of or… … From formal English to slang
seat — /sit / (say seet) noun 1. something for sitting on, as a chair or bench; the place on or in which one sits. 2. the part of a chair or the like on which one sits. 3. the part of the body on which one sits; the buttocks. 4. the part of the garment… …
seat on exchange — A term of art for membership in a stock or commodity exchange, constituting a right to do business on the exchange, subject to the rules thereof. Sometimes regarded as property, at other times as a mere personal license or privilege, but in any… … Ballentine's law dictionary
Chicago Stock Exchange — Type Private … Wikipedia
