Commodity broker vs futures trader

Differences between commodity broker and futures 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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Futures trader example responsibilities.

• Coordinate MBS and whole loan delivers to ensure settlements are achieve to minimize extension and pair off fees.
• Trade a variety of investment vehicles including commodity futures, FOREX, equities, options and energies.
• Create and report the trends of both international and domestic economy and finance status, and the trends of commodities prices.
• Implement complex excel spreadsheets for derivative trading strategies.
• Operate a commodities trading business as an independent business enterprise.
• Participate in constructing equity trading strategies utilizing one or more medium-to-high frequency statistical arbitrage models
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