Stock broker vs sales trader

Differences between stock broker and sales trader duties and responsibilities

Stock broker example responsibilities.

• Manage communication with clients regarding margin call requirements base on NYSE and NASD standards.
• Administer the purchase and sale of small cap equities trade on NASDAQ and NYSE exchanges.
• Study to pass all require FINRA testing!
• Develop and monitor all stock trading and reporting and institute guidelines for proper FINRA procedures.
• Calculate common area maintenance expenses and CPI increases and notify tenants via letter of increases.
• Generate over $200k in derivative commission revenue through full-service brokerage and execution and roughly $100K in self-direct trading commission.
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Sales trader example responsibilities.

• Price, trade and risk manage equity derivatives including OTC single stock options and list options.
• Manage business, sales, marketing, international negotiation and communication for a commodities business.
• Administer institutional equity accounts and expedite customer order flow for the NYSE, NASDAQ and OTC marketplace.
• Trade exchange list and OTC stocks, fixed-income securities and equity derivatives, prior to company sell to UBS.
• Develop relationships with institutional clients in equities primary and secondary markets.
• Transact institutional equity and derivative trades on behalf of alternative investment funds.
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