Windjammer

yellayella Wrote:
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> can somebody please specify some more?
> what is the difference between a trader and a
> dealer?
> and lets say i want to sell securites - then i
> look at the bid price. above there was an example
> from a trader placing a buy order below the bid.
> but shouldnt he look at the ask??

janakisri said it best.

Trader is the one on the other side of the transaction.

Broker is the intermediary.