In the world of finance, we often come across the term "floor broker". This refers to an individual who is physically present on the trading floor, handling orders. These orders are not just digital transactions, but actual physical documents that are carried by the floor broker. This practice dates back to the days when trading was done on an open outcry system, where floor brokers would shout and physically exchange these orders in the trading pit. While this may seem like an outdated method, it still holds significance in certain markets and adds a unique element to the trading process.
