Trader (finance)

In finance, a trader is someone who buys and sells finnacial instrument such as stocks, bonds, commodities and derevative. A broker who simply fills buy or sell orders is not a trader, as they are merely executing instructions given to them. According to theWall Street Journal in 2004, a managing director convertible-bond trader was earning between $700,000 and $900,000 on average.
Traders are either professionals working in a financial institution or a corporation, or individual investor, or day traders. They buy and sell financial instruments traded in the stock markets, derivatives markets andcommodity markets,  comprising the stock exchange ,derivatives exchanges  and thecommodities exchanges. Several categories and designations for diverse kinds of traders are found in finance, these may include:

• stock trader
• day trader
• pattern day trader
• floor trader
• High-frequency trader
• rogue trader