Floor broker vs licensed sales agent

Differences between floor broker and licensed sales agent duties and responsibilities

Floor broker example responsibilities.

• Retail trader, fix income securities; manage client account activity; properly allocate client funds to appropriate investment options
• Specialize in both equities and list option trading.
• Participate in stock index futures arbitrage program between NY and Chicago.
• Trade proprietary money for commodities clearing house in all commodities and equities markets.
• Well verse in the pricing and valuation of derivative securities with a strong knowledge of mathematical and statistical analysis.
• Arbitrage duties: receive, collate, and process orders from firms and traders that brokers execute in the pit.
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Licensed sales agent example responsibilities.

• Schedule and meet individuals\groups for assign or self-generate leads, assist and enroll eligible individuals in suitable Medicare product.
• Develop a working knowledge of the Medicaid program used to educate customers on product eligibility.
• Demonstrate strong understanding of Comcast products, promoting and selling offerings to individual customers by knocking every door within assign territories.
• Service Humana ACA plan members on benefits, service.
• Comply with all regulatory guidelines as well as HIPAA and privacy guidelines, demonstrate client/customer confidentiality.
• Handle, process and accurately record confidential financial and health customer information following all applicable HIPAA privacy laws.
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