What Does a Commodity Broker Do?

Commodity brokers are a profession. The profession of commodity brokers is relatively new in China. They are mainly engaged in commodity trading activities in large financial centers.

Commodity broker

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Commodity brokers are a profession. The profession of commodity brokers is relatively new in China. They are mainly engaged in commodity trading activities in large financial centers.

The knowledge and skills of this profession are difficult to learn from the school curriculum. You need to be trained in combat exercises to make yourself a qualified commodity broker. Therefore, the employers do not attach importance to the academic qualifications of the applicants, but rather their reaction ability and thinking speed. Hong Kong, Guangzhou, Shenzhen and other big cities in our country need a large number of professional talents, and the salary is very high!

Commodity brokers have a wide range of contacts, know a lot of buyers and sellers, understand which sellers mainly sell what, and which buyers mainly buy what. They hold the description and samples of the goods, find buyers for the sellers, or find sellers for the buyers, combine the sellers and buyers, and introduce and facilitate the sellers and buyers to conclude transactions. After the transaction, the seller will ship the goods directly to the buyer, and the broker will charge the client a certain commission.

In short, the role of the owner of a commodity broker is to match the buyer and the buyer, assist the two parties in the negotiation, and collect a certain fee from the employer after the effect. Commodity brokers do not have inventory, do not participate in financing, and do not bear the risk of the owner.