A trader is a person, firm, or entity in finance who buys and sells financial instruments, such as forex, cryptocurrencies, stocks, bonds, commodities, derivatives, and mutual funds in the capacity of agent, hedger, arbitrageur, or speculator. Duties and types Traders 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, including: Bond trader Floor trader Hedge fund trader High-frequency trader Market maker Pattern day trader Principal trader Proprietary trader Rogue trader Scalper Stock trader Income According to the Wall Street Journal in 2004, a managing director convertible bond trader was earning between $700,000 and $900,000 on average. See also Commodities exchange Commodity market Derivatives market List of commodity traders List of trading losses Mismarking Stock exchange Stock market Trading strategy References External links Financial services occupations Stock market Commodity markets Financial markets no:Trader