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Reference.org
Commodity broker
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<p>A commodity broker is a firm or an individual who executes orders to buy or sell <a href="/facts/Commodity_market/2vH05eJ5">commodity contracts</a> on behalf of the clients and charges them a <a href="/facts/Commission_(remuneration)/wclwvzh3">commission</a>. A firm or individual who trades for his own account is called a <a href="/facts/Trader_(finance)/51aRSyLA">trader</a>. Commodity contracts include <a href="/facts/Futures_contract/4SD3dKty">futures</a>, <a href="/facts/Option_(finance)/5gJFXV3X">options</a>, and similar <a href="/facts/Financial_derivatives/jx4CbakW">financial derivatives</a>. Clients who trade commodity contracts are either <a href="/facts/Hedge_(finance)/PKVBgUHb">hedgers</a> using the derivatives markets to manage risk, or <a href="/facts/Speculators/BntB5nqU">speculators</a> who are willing to assume that risk from hedgers in hopes of a profit. </p>