Which type of trader has easier access to trading due to having an asset available?

The type of trader that has easier access to trading due to having an asset available is the asset-backed trader. An asset-backed trader typically deals with financial instruments that are secured by a physical asset, such as commodities. This type of trader can leverage the availability of these assets to engage in trades more easily, as their capital is not solely dependent on cash but is supported by tangible assets.

By having these assets at their disposal, asset-backed traders can potentially take advantage of market opportunities with less friction when it comes to accessing necessary funds or credit. This can provide them with a strategic advantage in both liquidity and the ability to execute trades quickly, as they can base their trades on the value of the secured assets they hold.

Other types of traders may operate under different conditions. For instance, flow traders primarily focus on executing orders and capturing market movements but may not necessarily be backed by physical assets. Proprietary traders use their own capital to trade for profit, which may involve higher risk without the asset backup. Back-to-back traders engage in trades involving contracts that are closely aligned, relying more on contractual agreements than on physical assets. Thus, the asset-backed trader's access to tangible resources is a unique advantage in trading activities.