0
Most floor traders make up to $10,000 a year. If you work at the NYSE, then you might get payed about $20,000. You don't need education!!!! Do something that you actually enjoy doing for the rest of you life.
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
How much do floor traders on the NYSE make?
The floor traders on the NYSE make round about $50k and more but it depends what type of floor trading you are doing.
What is the difference between floor and commission broker?
Commission broker: usually works for a particular brokerage house and buys and sells stocks for the brokerage house on a commission basis.Floor broker: trades in the NYSE "pits" on behalf of a brokerage house. They get paid a salary.
Does the nyse open on weekends?
No, the NYSE is closed on weekends
What is the symbol for KeyCorp in the NYSE?
The symbol for KeyCorp in the NYSE is: KEY.
What is the symbol for Fabrinet in the NYSE?
The symbol for Fabrinet in the NYSE is: FN.
How much do floor traders on the NYSE make?
The floor traders on the NYSE make round about $50k and more but it depends what type of floor trading you are doing.
What is the symbol for the NYSE Composite Average in scottrade system?
$NYA
What three groups are Members of the NYSE?
As of 2006, the three "members" of NYSE are purchasers of trading licenses, they are the Designated Market Makers (DMMS), Floor Broker, and Supplemental Liquidity Providers (SLPs).
How do you become a member of the nyse?
To become a member of the NYSE (New York Stock Exchange) a company must first purchase a trader's license and become a member of the FINRA (Financial Industry Regulatory Authority). To join the FINRA, a company must be a proprietary trading firm.
Is Target traded on the NYSE or Dow?
Target is traded on the NYSE under the symbol TGT. The Dow, or Dow-Jones, is not an independent stock exchange. It is an index, or an average, of many stocks. It is meant to reflect the general trends in stocks that are traded on the NYSE.
Become a floor trader in nyse?
You must buy a 1 year license to trade on the NYSE. They used to be called "seats". I believe they cost around $40,000.00 They used to be auctioned off to the highest bidder, but once the NYSE merged with Archipeligo, over half of the trades come in electronically.http://www.nyse.com/pdfs/FAQ-Final.pdfOr "clerk" for another person or firm and learn the ropes and once you save up your own money to buy a license and trade, strike out on your own. This is the traditional method, and you can look on monster.com or wall street journal classifieds for listings.Call Eileen McElduff @ (212) 656-8499 or emcelduff@nyx.com for further questions.
What is the difference between floor and commission broker?
Commission broker: usually works for a particular brokerage house and buys and sells stocks for the brokerage house on a commission basis.Floor broker: trades in the NYSE "pits" on behalf of a brokerage house. They get paid a salary.
What stock market is the stock trader on?
You're Probably referring to a website that transacts trades for you. Assuming that, I would think that it would trade on the NYSE, NASDAQ, and other U.S. exchanges. That's what American stocks trade on.
Ticket for the NYSE?
NYX on the NYSE
What are NYSE holidays for 2011?
Check the list of 2011 holidays for NYSE (New York Stock Exchange) and other world stock market holidays at holidaysTracker-dot-com .NYSE, NYSE Amex, NYSE Amex Options, NYSE Arca, NYSE Arca Options, NYSE Bonds and NYSE Liffe U.S. markets will observe the same holidays mentioned.See the related links section for website url.
What is the symbol for CBO - Listing Market - NYSE - Networks A E - in the NYSE?
The symbol for CBO (Listing Market - NYSE - Networks A/E) in the NYSE is: CBO.
What is the symbol for CBX - Listing Market NYSE Networks AE in the NYSE?
The symbol for CBX (Listing Market NYSE Networks AE in the NYSE is: CBX.
