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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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