Commodity broker vs flow trader

Differences between commodity broker and flow trader duties and responsibilities

Commodity broker example responsibilities.

• Manage and execute physical/financial grains book as well as base metal arbitrage portfolio.
• Trade on the NYFE, CME, and CBOT exchanges.
• Provide research and analysis of prospective exchange trade funds for listing on the AMEX.
• Support the firm's compliance director with records verification pertaining to audits, inquiries, and questions concerning NYSE floor operations.
• Reorganize the UBS NYSE floor structure utilizing state-of-the-art technology and consolidating booth spaces.
• Solicit profitable freight brokerage business by marketing transportation capability via direct sales calls, telephone and direct mail marketing activity.
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Flow trader example responsibilities.

• Manage foreign currency position and maximize profit from FX market.
• Communicate with brokers to ensure accurate allocations for futures, foreign exchange, and equities between separately manage accounts.
• Increase the update frequency of currency position from minutes to seconds by applying VBA.
• Provide FX investment consultant and training class to investment sales, making them qualify for introducing to customers.
• Automate the trade allocation and reconciliation procedures using VBA programming which is leveraged to systematically detect any trade breaks or discrepancies.
• Make markets electronically in CME commodity option markets.