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Tip of the Day

Tip of the Day Put At Least 20% Down On A Home

Put At Least 20% Down On A Home - Your home is most likely the biggest purchase you will make in your lifetime, so when planning for the big day,...

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Floor Trader

Definition: People or firms who have memberships to a stock exchange are allowed to be on the floor to buy and sell stocks.  The people you see running around buying and selling stocks are called "floor traders."  These memberships can upwards of $1 million for a "seat" on the exchange.

TeenAnalyst Advice: Floor traders have high-intensity, high-risk, and high-stress jobs.  They're responsible for executing all of the large orders from their firm.  These aren't usually small trades, either.  It's not unusual for floor brokers to buy or sell 50,000 shares at a time.

 

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Definition of the Day Drop Shipping

Drop Shipping? - Drop shipping is where the supplier of merchandise sends any purchases directly to retail clients. They will maintain the storage and all other warehouse functions so the retailer doesn’t have to keep the items in his or her store. Plus with this type of program the retailer...

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