That individual, partnership, corporation, or co-operative designated by a coastal municipality, usually after competitive bidding, as having exclusive rights to exploit a given fry ground. While taking title to the commodity, primary functions of dealers are storage and transport, not transformation from fry to fingerlings. Dealers of market-size milkfish are either wholesalers or retailers, and sell to either domestic or export markets. A buyer's or a seller's representative, who does not take title to fry, fingerlings, or market-size milkfish in his own name, but in the name of the person he represents, and is paid a commission based on the volume of the purchase or sale. A facilitator of fry, fingerling, or market-size fish exchanges between buyers and sellers, who does not take title to the commodity in his own name.
Brokers are of two types, based on the means of payment.
The second type, common only in the fry procurement sub-system, represents neither buyer nor seller but arranges the exchange between the two, and has a return based on the spread that can be created between the selling price and the buying price. A smuggler of fry from fry grounds, who acts as a dealer or as commission man. Frequently, a runner is financed by a particular buyer for whom he is smuggling. One who purchases market-size milkfish for consumption purposes. As in any large scale business activity, functionaries in the milkfish resource system cannot always be as clearly delineated as the above categories imply.