Do Physical Traders typically obtain licensing?
I was offered a job at a shop but I thought it might be a red flag that the company does not require traders to obtain licensure. They also allow you to step into a commercial role after just 6 months in logistics. The company is a market maker for a niche commodity where futures have an open interest of about 200 contracts. Also, I find it strange that the company does not model the commodity to make predictions where the price is going. Rather, they go out into the market and talk to their mills and customers to get a general consensus while factoring in economic indicators.
My question essentially boils down to this, does this sound like a good shop? and do most physical traders have licenses?