Show Summary Details

Quick Reference

1 (trading floor) The area in a financial market set aside for face-to-face dealing between floor traders. With the increased use of automated screen trading, floor trading has become much less frequent. See also pit.

2 The minimum interest rate on a financial obligation. Compare cap. See also collar.

3 In derivatives trading, a hedge against downside movements of the underlying.

Subjects: Financial Institutions and Services.

Reference entries

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content. subscribe or login to access all content.