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Paul Tracy

Paul has been a respected figure in the financial markets for more than two decades.

Prior to starting InvestingAnswers, Paul founded and managed one of the most influential investment research firms in America, with more than 2 million monthly readers. While there, Paul authored and edited thousands of financial research briefs, was published on Nasdaq. com, Yahoo Finance, and dozens of other prominent media outlets, and appeared as a guest expert at prominent radio shows and i...

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Updated August 5, 2020

What is a Head Trader?

Head traders have to be licensed, which means they have to pass at least one relevant exam administered by FINRA. There are several exams that can make a person eligible to become a head trader, and the correct one depends on the nature of the trading (i.e., commodities, municipal bonds, stocks, etc.). The most important thing to understand about head traders is that they are responsible for the actions of every other trader who works for them.

How Does a Head Trader Work?

For example, if John Doe is the head trader at Company XYZ, he supervises the other traders, ensures that all the trades are compliant with local and federal regulations, and is responsible for ensuring that Company XYZ's trading department is making money for the company.

Why Does a Head Trader Matter?

A head trader manages the trading functions of a financial institution.

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Paul has been a respected figure in the financial markets for more than two decades. Prior to starting InvestingAnswers, Paul founded and managed one of the most influential investment research firms in America, with more than 2 million monthly readers.

If you have a question about Head Trader, then please ask Paul.

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