DUTIES OF TRADERS

DUTIES OF TRADERS

Paybells   10:14 PM

Duties and types[edit]

Traders are either professionals (institutional) working in a financial institution or a corporation. They 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, these may include:

• Day trader
• Floor trader
• High-frequency trader
• Pattern day trader
• Rogue trader
• Stock trader

See also[edit]

• Commodities exchange
• Commodity market
• Derivatives market
• List of commodity traders
• List of trading losses
• Stock exchange
• Stock market
• Trading strategy

References[edit]

Compare Traders

External links[edit]

•  Trading at Wikibooks

Categories: 

• Financial services occupations
• Stock market
• Commodity markets
• Financial markets

BEST TRADING

BEST TRADING

Paybells   3:15 AM

A Detroit bitcoin trader was sentenced Monday to 366 days in jail for operating an unlicensed money services business.

The individual, Sal Mansy, was arrested in June 2015 for funneling bitcoin transactions through a corporation he owned called TV TOYZ. Mansy conducted $2.4 million-worth of bitcoin transactions over a two-year period, according to a release from the U.S. Attorneys office in Maine.

Mansy pleaded guilty in May to purchasing bitcoin through the Coinbase and Bitstamp exchanges, and selling the cryptocurrency at a profit through LocalBitcoins, as CoinDesk previously reported.

According to the release:

“It is against federal law for a money-service business to exchange or transfer bitcoin without registering. Mansy was aware that he was required to register with FinCEN.”

Following his jail time for the offence, Mansy will receive three years of supervised release. He must further forfeit $118,000 in cash and bitcoin gained through the illegal scheme. Investigators confiscated roughly that amount during his arrest in 2015.

Undercover investigators conducted two trades with Mansy for amounts totaling 6.32 BTC – an amount valued at $1,900 at the time and now worth nearly $75,000, according to CoinDesk's Bitcoin Price Index.

INSURANCE

INSURANCE

Paybells   3:50 AM

Insurance Information

To learn more about insurance laws in your state, and other useful information, follow these links for state departments of insurance.

Arkansas Insurance Department

Kansas Insurance Department

Missouri Department of Insurance

Oklahoma Insurance Department

For general information about insurance visit theInsurance Information Institute