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3421 TRADE BROKERS
 


    Trade brokers buy and sell commodities, usually in bulk, at auctions of the spot or future markets.

    Tasks include -

    (a) establishing contact between buyers and sellers of commodities;

    (b) discussing buying or selling requirements of client and giving advice accordingly;

    (c) arranging for the production of auction catalogues, fixing reserve prices, attending auctions of the spot or futures markets and bidding on behalf of client;

    (d) negotiating purchase/sale by private treaty of goods not sold at auction;

    (e) obtaining cargo space, and fixing and collecting freight charges from client;

    (f) performing related tasks;

    (g) supervising other workers. Examples of the occupations classified here:

  • Broker, commodity

  • Broker, shipping

  • Broker, trade


   
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 Updated 18 September 2004, by VA.