A professional who buys and sells securities on floor of securities exchange. Responsibilities include:

• Analyzes market conditions and trends to determine best time to execute securities transaction orders.
• Buys and sells securities based on market quotation and competition in market.
• Informs registered representative of market fluctuations and securities transactions affecting accounts.
• Must meet exchange requirements, which may include state license, to be member of exchange.
• May specialize in trading specific securities to stabilize market and be designated Independent Trader or Specialist.