Trader vs commodity broker

Differences between trader and commodity broker duties and responsibilities

Trader example responsibilities.

• Manage Smithtown branch office ensuring compliance with NASD regulations.
• Manage and hedge generation within PJM, MISO, and ERCOT.
• Manage options trading to ensure a positive ROI within a volatile market.
• Initiate and manage financial, physical and virtual trades resulting in a positive PnL.
• Manage products with the supply chain warehouses and interface with both corporate logistics and common carriers.
• Coordinate MBS and whole loan delivers to ensure settlements are achieve to minimize extension and pair off fees.
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Commodity broker example responsibilities.

• Manage and execute physical/financial grains book as well as base metal arbitrage portfolio.
• Trade on the NYFE, CME, and CBOT exchanges.
• Provide research and analysis of prospective exchange trade funds for listing on the AMEX.
• Support the firm's compliance director with records verification pertaining to audits, inquiries, and questions concerning NYSE floor operations.
• Reorganize the UBS NYSE floor structure utilizing state-of-the-art technology and consolidating booth spaces.
• Solicit profitable freight brokerage business by marketing transportation capability via direct sales calls, telephone and direct mail marketing activity.
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