Crossword Genius

New trader in the black (6)

Ross

I believe the answer is:

tarred

'in the black' is the definition.
(I've seen this before)

'new trader' is the wordplay.
'new' indicates anagramming the letters.
'trader' is an anagram of 'TARRED'.

(Other definitions for tarred that I've seen before include "in the black" , "Coated with asphalt" .)

I've seen this clue in The Globe and Mail.
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