Chicago 2005 Traders Expo Presentation CD
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Chicago 2005 Traders Expo Presentation CD
A
trader is person or entity, in
finance, who buys and sells
financial instruments such as
stocks,
bonds,
commodities and
derivatives, in the capacity of agent,
hedger,
arbitrageur, or
speculator. According to the
Wall Street Journal in 2004, a
managing director convertible bond trader was earning between $700,000 and $900,000 on average.
Traders are either professionals (institutional) working in a financial institution or a corporation, or individual (retail). They buy and sell financial instruments traded in the
stock markets,
derivatives markets and
commodity markets, comprising the
stock exchanges,
derivatives exchanges and the
commodities exchanges. Several categories and designations for diverse kinds of traders are found in
finance, these may include:
Day trader
Floor trader
High-frequency trader
Pattern day trader