A futures exchange member who trade securities for his or her own account. Bloomberg Financial Dictionary
Private trader operating on an exchange floor, whose activities help provide liquidity. Locals lease trading rights from those exchange members who do not themselves need the use of all of the trading rights they have been allocated as part of their shareholding in the exchange. Dresdner Kleinwort Wasserstein financial glossary
A futures trader who normally trades on an exchange on his/her own account. Exchange Handbook Glossary
A 'local' is a trader registered to a member of LIFFE. The local trades for his or her own account. LIFFE

* * *

I. local local 2 noun [countable]
a small local organization that is part of a trade union; = branch Bre
  [m0] II. local lo‧cal 1 [ˈləʊkl ǁ ˈloʊ-] adjective
connected with a particular area, especially the area where something is produced:

• The firm produces clothing, shoes and other leather goods for local and overseas markets.

• The company borrowed the money from two local banks.

• All payments are made in local currency.

• Protectionist policies have shielded local industry from outside competition.

— locally adverb :

• The goods are made and sold locally.

• Think globally, act locally.

• a range of locally produced wines

* * *

local UK US /ˈləʊkəl/ adjective [usually before noun]
from or connected with a particular area: »

The importation of goods from the United States has reduced growth in the local market.


US firms pay bonuses in dollars, in contrast to European rivals which tend to pay in local currency.

a local business/company/firm »

He has a four-month contract fixing computers at a local company.


This is a hugely serious problem at the local level, and we need to do something about it.

See also LOCALLY(Cf. ↑locally), DOMESTIC(Cf. ↑domestic)
local UK US /ˈləʊkəl/ noun [C] US
a part of an organization, especially a union (= workers' organization), representing people from a particular area: »

The local in Oakland and Macomb has nearly 4,000 members.

Financial and business terms. 2012.

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Look at other dictionaries:

  • local — local, ale, aux [ lɔkal, o ] adj. et n. m. • 1314; bas lat. localis I ♦ Adj. 1 ♦ Qui concerne un lieu, une région (⇒ régional), lui est particulier. Histoire locale (opposé à générale) . Averses, éclaircies locales, qui se produisent en certains… …   Encyclopédie Universelle

  • Local — generally means that which relates to a specific area or place, and is not vast or widespread.Local may also refer to:In medicine: * Local refers to a restricted part of the organism; such as a local anesthesiaIn computing: * Locale, a term used… …   Wikipedia

  • Local — es todo lo que se refiere o es relativo a un Lugar determinado. Se aplica en diferentes ámbitos: En Ciencias Sociales: Derecho Local Historia local Sistema de intercambio local En Administración: (véase además Categoría:Administración local)… …   Wikipedia Español

  • local — local, ale (lo kal, ka l ) adj. 1°   Qui appartient à un lieu. •   Qu ajouterait à votre science [de vous, Dieu], à votre puissance, à votre grandeur, quelque espèce d étendue locale que ce soit ?, BOSSUET Élévat. sur myst. III, 3. •   Il y avait …   Dictionnaire de la Langue Française d'Émile Littré

  • local — LOCÁL, Ă, (1) localuri, s.n. (2) locali, e, adj. 1. s.n. Clădire sau grup de încăperi de utilitate publică (ocupate de o întreprindere, de o instituţie etc.). ♦ Sală special amenajată unde se serveşte publicului mâncare sau băutură; restaurant,… …   Dicționar Român

  • local — lo·cal n: local union Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. local …   Law dictionary

  • Local — Lo cal (l[=o] kal), a. [L. localis, fr. locus place: cf. F. local. See {Lieu}, {Locus}.] Of or pertaining to a particular place, or to a definite region or portion of space; restricted to one place or region; as, a local custom. [1913 Webster]… …   The Collaborative International Dictionary of English

  • Local H — Жанры Alternative rock Hard rock Grunge Годы 1987  наши дни Страна …   Википедия

  • local — [lō′kəl] adj. [ME locall < OFr local < LL localis < L locus, a place < IE * stlokos < base * stel , to set up, stand, location > STALK1, STALL1, STILL1, Gr stellein, to put] 1. relating to place …   English World dictionary

  • local — adjetivo 1. Que afecta sólo a determinada parte de un todo: dolor local. anestesia local. 2. De un lugar: Me gusta conocer las costumbres locales. 3. Que afecta a un municipio o población o a un territorio no muy extenso: elecciones locales,… …   Diccionario Salamanca de la Lengua Española

  • local — (Del lat. locālis). 1. adj. Perteneciente o relativo al lugar. 2. Perteneciente o relativo a un territorio, a una comarca o a un país. 3. Municipal o provincial, por oposición a general o nacional. 4. Que solo afecta a una parte del cuerpo.… …   Diccionario de la lengua española

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