Agricultural products such as wheat, corn and soybean contracts are written with certain grade and other specifications as standardized contracts stating the quantity and quality of the product
Commodities brokers and dealers are engaged in the trade of commodities on either a current, "spot," or a future basis. Commodities are typically agricultural, mineral, or other basic products
This industry classification includes establishments primarily engaged in buying and selling commodity contracts (futures) on either a spot or future basis for their own account or for the account of others
For many brokers and commodities dealers, income is based on a salary and on commissions from the sale or purchase of stocks, bonds, or futures contracts.
Securities brokers act as intermediaries who facilitate the buying and selling of securities on behalf of clients, earning commissions on these transactions. In contrast, securities dealers buy and sell securities for their own accounts, aiming to profit from price fluctuations. While brokers primarily serve clients by executing trades, dealers focus on maintaining inventory and market liquidity. This distinction highlights their different roles in the financial markets, with brokers emphasizing client service and dealers concentrating on market-making activities.
Brokers and securities dealers are key participants in financial markets. Brokers act as intermediaries who facilitate transactions between buyers and sellers of securities, earning a commission for their services. In contrast, securities dealers buy and sell securities for their own accounts, profiting from the difference between the buying and selling prices. Both play crucial roles in ensuring liquidity and efficiency in the trading of financial instruments.
Everyone but nonproductive people, such as liquor dealers, stock brokers, and gamblers
car dealers, politicians, lawyers, wall street brokers, insurance salesman
Diamonds are transported very securely and very secretly, whether by diamond brokers, dealers or consumers.
There are three types of auto dealers. Wholesale dealers sell to wholesalers and auto dealers rather than to the general public. Retail auto dealers are allowed to sell to auto dealers like Wholesale dealers, but they can also sell to the public. Finally, Auto brokers are allowed to sell autos on behalf of a customer (consignment).
Although geodes are not traded as a commodity is traded, dealers and collectors are interested in purchasing good specimens.
NASD - National Association of Securities Dealers
The dealer's function is riskier because the dealer must maintain an inventory of the asset and honor quotes to buy and sell.