Trader (finance)

Source: Wikipedia, the free encyclopedia.

A trader is a person, firm, or entity in

mutual funds in the capacity of agent, hedger, arbitrager, or speculator.[1]

Duties and types

The word "trader" appeared as early as 1863 in a universal dictionary as "trading man."[2] Traders work for financial institutions as foreign exchange or securities dealers in the cash market and in the futures market, or for their own account as proprietary traders.[3] They also include stock exchange traders, but not stockbrokers or lead brokers.

Traders buy and sell financial instruments traded in the

commodities exchanges. Several categories and designations for diverse kinds of traders are found in finance
, including:

Income

NYSE's stock exchange traders floor c 1960, before the introduction of electronic readouts and computer screens

According to the

managing director convertible bond trader was earning between $700,000 and $900,000 on average.[4]

See also

References

  1. ^ "Trader definition". Archived from the original on Jun 28, 2023.
  2. ^ Verlagsbuchhandlung Pierer (Hrsg.), Pierer's Universal Lexikon der Vergangenheit und Gegenwart, Band 17, 1863, S. 740
  3. ^ Ulrich Becker, Lexikon Terminhandel: Finanz- und Rohstoff-Futures, 1994, S. 612 f.
  4. ^ Street's Weather: Bonus Showers - WSJ.com

External links