Type of exchange members who place buying and selling from public are classified as

Type of exchange members who place buying and selling from public are classified as Correct Answer floor broker

Type of exchange members who place buying and selling from public are classified as floor broker. A floor broker (FB) is an independent member of an exchange who is authorized to execute trades on the exchange floor on behalf of clients. A floor broker is a middleman who acts as an agent for clients, indirectly giving them the best access possible to the exchange floor.
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