Floor trader vs bond trader

Differences between floor trader and bond trader duties and responsibilities

Floor trader example responsibilities.

• Manage business, sales, marketing, international negotiation and communication for a commodities business.
• Lead arbitrage trader with the highest return on investment.
• Demonstrate outstanding performance and become recognized as one of the top producing firms on the NYSE.
• Facilitate trades, generate commission dollars, and reduce risk for clients by reflecting liquidity on the NYSE to senior traders.
• Automate the trade allocation and reconciliation procedures using VBA programming which is leveraged to systematically detect any trade breaks or discrepancies.
• Integrate into an existing trading pit on the CBOE, illustrating success in new, challenging work environments.

Bond trader example responsibilities.

• Manage traders in training and help teach derivatives theory classes.
• Manage risk of firm capital in directional, basis and arbitrage trading
• Manage business, sales, marketing, international negotiation and communication for a commodities business.
• Train junior traders on modeling and relative value analysis of convertible bonds and structure derivative arbitrage trading strategies.
• Utilize equities and options to hedge bond risk.
• Research equities and design trading schematic to find investment opportunities.
Show more