Exchange trader – Frankfurt Stock Exchange Glossary
Exchange traders are employees of firms admitted to exchange trading (see market participant).
Exchange traders conclude transactions on the exchange in the name of and for the account of their employer, or on behalf of a third party.
In order to be admitted to trading, exchange traders must demonstrate that they possess the necessary aptitude and sense of responsibility for trading on the exchange in an exam administered by the board of examiners at FWB® Frankfurter Wertpapierbörse (Frankfurt Stock Exchange). Traders who are active only in currency trading are not required to take the exam.
Exchange traders are permitted to trade only on behalf of their employer or a third party, and may not participate in own-account trading. In floor trading, each trader can represent only one firm; in electronic trading, one exchange trader can act on behalf of several firms.
To list and trade your firm on the Frankfurt Stock exchange contact email@example.com