In the world of finance, there are many different ways to make money. Some people invest in stocks, bonds, and other securities, while others trade commodities or currencies. floor traders are a special breed of trader who make their living by buying and selling securities at the physical location of a stock exchange.
So how do floor traders make money?
There are a few different ways. First, floor traders can earn commissions on the trades they execute. They may also earn fees for providing market information or acting as a middleman between buyers and sellers. Finally, floor traders may make money by buying securities at one price and selling them at a higher price.
Floor trading is a high-risk, high-reward profession. While floor traders can make a lot of money, they can also lose money just as easily. For this reason, it’s important to have a solid understanding of the financial markets before venturing into this career.