Grain trader vs market maker

Differences between grain trader and market maker duties and responsibilities

Grain trader example responsibilities.

• Communicate with brokers to ensure accurate allocations for futures, foreign exchange, and equities between separately manage accounts.
• Purchase and sell physical commodities in order to capitalize on arbitrage opportunities between various locations, markets and commodities.
• 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.

Market maker example responsibilities.

• Manage and critiqu all trades execute on NYMEX trading floor via computer system.
• Trade several equities and options names, managing all risk, capital and executing trades using electronic screen base software/technology.
• Dissect and manage complex derivative position risks, manage risks and interpret complex financial documents.
• Price and risk manage multiple positions in corporate derivatives, including accelerate share buyback programs and long-date convertible bond/call spread overlays.
• Merge business operations to expand service offering to include etf's, options, and foreign adr's.
• Analyze market conditions and make decisions to buy/sell equities using fundamental and technical analysis.
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