commodity broker
Raw goods dealer
A commodity broker is a person or firm that executes trades in raw materials and primary goods—oil, grain, metals, livestock—on behalf of clients.
Brokers work on commodity exchanges, buying and selling futures contracts for a commission: She used a commodity broker to hedge against rising wheat prices.
Unlike traders who take positions for themselves, brokers act as intermediaries.
- futuresContracts for future delivery
- futures contractAgreement to trade later
- tradingExchanging for value
- trading floorExchange transaction area
- floorIndoor walking surface
pit · exchange · margin · margin call · speculation · wheat · oil · soybeans · contracts · hedging · arbitrage · spot price · volatility · Wall Street · shouting · ticker · gold · corn
- Brokersstockbroker, shipbroker, pawnbroker
- traderstrader, merchant, retailer, vendor, dealer
- agribusinessagribusiness, farm, farms, corporate farms, factory farming
- middlemenmiddleman, agents, dealer, wholesaler, distributor
- salespeoplesalesperson, car salesman, sales reps, sales associates, sales agents
- Agricultural traders
commodity brokerstock broker
Agent handling investment transactions
stockbroker · bond trader · currency trader · real estate broker · forex trader
commodity, commodities, broker, brokers, brokerage, brokering, brokered, commodious, accommodate