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Truth may be stretched, but cannot be broken, and always gets above falsehood, as oil does above water.
A head trader is the manager of a trading business, responsible for the positions, risk, and ultimately, the profitability of that business. In a registered securities firm, the head trader supervises all traders and other personnel within his or her purview and may also trade themselves. Most notably, the head trader is charged with ensuring regulatory and internal compliance for every employee who is part of the trading operation (i.e., not just traders). A head trader may also be referred to as a head of trading.
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