Sep 272017

The floor traders who trade primarily for their own accounts. Although "locals" are speculators, they provide the liquidity needed by hedgers to transfer the risk of price change. Also called scalpers

Come back to every time you need to define Finance and Banking terms. Learn definitions and glossary terms such as Locals (futures) every day and you will fly!


Do you have an example of where Locals (futures) can be used in context. Help me develop the site by leaving an example below. Every example using ‘Locals (futures)’ gets you another entry into the draw for 100 GBP of Amazon vouchers.

A winner will be selected on [date].

 Leave a Reply

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>