| Job Title |
Manager, Exchange Floor |
| Job Description |
Directs Floor Operations Of Brokerage Firm Engaged In Buying
And Selling Securities At Exchange: Monitors Order Flow And
Transactions That Brokerage Firm Executes On Floor Of Exchange.
Reviews Reports Of Securities Transactions And Price Lists,
Using Computer, To Analyze Market Conditions. Informs Staff Of
Changes Affecting Firm Or Exchange. Calculates Profit Made By
Firm And Estimates Business Volume Lost To Competition. Develops
Plan To Increase Firm's Market Share Of Business. Negotiates
Business Contracts With Exchange Officials, And Represents Firm
By Membership In Various Exchange Committees. Interviews,
Selects, And Hires Employees, Such As Floor Broker (financial)
162.167-034 And Clerical Workers. Develops And Implements Plans
To Ensure Compliance Of Workers With Established Programs And
Procedures. Conducts Staff Meetings To Discuss Changes In Policy
Or To Propose Methods And Procedures Which Could Increase Profit
And Trade Volume. Monitors Employee Attendance And Takes
Disciplinary Action When Regulations Are Violated. Evaluates
Employee Job Performance And Promotes Or Terminates Personnel.
May Place Orders With Independent Trader When Additional Help Is
Needed To Fill Orders For Brokerage Firm. May Buy And Sell
Securities On Floor Of Exchange [floor Broker (financial)]. May
Specialize According To Type Of Securities Traded At Exchange
And Be Designated Manager, Commodity Exchange Floor (financial);
Manager, Options Exchange Floor (financial); Manager, Stock
Exchange Floor (financial).
|
|