Hedge fund trader vs floor trader

Differences between hedge fund trader and floor trader duties and responsibilities

Hedge fund trader example responsibilities.

• Manage business, sales, marketing, international negotiation and communication for a commodities business.
• Trade ETF baskets base on NYSE floor position (long/short).
• Assist with the conversion of all securities to trade directly through the NSCC.
• Perform critical maintenance of new & existing securities in multiple operational systems by using Bloomberg.
• Cull derivative data to profit from emerging trends.
• Backtest various volatility strategies in equities and ETFs.
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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.