An individual who executes buy and sell orders on the floor of an exchange for a fee is called a:

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A floor broker is a professional who receives commissions for executing buy and sell orders on behalf of their clients on the floor of an exchange. They act as an agent, representing their clients' interests and seeking the best possible execution for their orders. They must adhere to strict regulations and maintain high ethical standards in their dealings. A DMM (Designated Market Maker) is a special type of floor broker who is responsible for maintaining liquidity and orderly trading in specific stocks on an exchange, while a floor trader is an individual who executes trades using their own trading capital (i.e., they trade for themselves rather than for clients). A proxy is a person who is authorized to represent someone else in a legal or voting capacity, and a flow specialist is not a recognized term in finance or trading.

An Individual Who Executes Buy and Sell Orders on the Floor