Proprietary trader vs flow trader

Differences between proprietary trader and flow trader duties and responsibilities

Proprietary trader example responsibilities.

• Manage business, sales, marketing, international negotiation and communication for a commodities business.
• Perform qualitative research on potential risk arbitrage positions and subjectively choose equities for inclusion in a risk arbitrage portfolio.
• Research market strategies and trends using Bloomberg.
• Develop quantitative driven proprietary models by Bloomberg BLP / API and VBA programming.
• Research and develop convertible bond pricing application for convertible arbitrage trades.
• Assess market conditions within the equities market in order to maximize profitability.
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Flow trader example responsibilities.

• Manage foreign currency position and maximize profit from FX market.
• Communicate with brokers to ensure accurate allocations for futures, foreign exchange, and equities between separately manage accounts.
• Increase the update frequency of currency position from minutes to seconds by applying VBA.
• Provide FX investment consultant and training class to investment sales, making them qualify for introducing to customers.
• 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.