UNIT GROUP 2222 FINANCIAL DEALERS
FINANCIAL DEALERS conduct financial market transactions on behalf of clients.

Indicative Skill Level:
In Australia:

Most occupations in this unit group have a level of skill commensurate with a bachelor degree or higher qualification. At least five years of relevant experience may substitute for the formal qualification. In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification (ANZSCO Skill Level 1).
Registration or licensing may be required.

Tasks Include:

    • obtaining information on securities, market conditions, government regulations and financial circumstances of clients
    • interpreting data from securities reports, financial periodicals and stock-quotation viewer screens
    • analysing financial markets and financial market products
    • providing information and offering advice on financial market matters, market conditions and the history and prospects of corporations
    • executing buy and sell orders in the market place on behalf of clients
    • relaying trade information to clients such as the number of contracts bought and sold and the price
    • monitoring futures prices and market changes, and bidding for commodity futures contracts
    • recording and transmitting buy and sell orders
    • calculating and recording costs of transactions

Occupations:

222211 Financial Market Dealer
222212 Futures Trader
222213 Stockbroking Dealer
222299 Financial Dealers nec


222211 FINANCIAL MARKET DEALER

Alternative Title:

Money Market Dealer
Buys and sells securities within financial markets, and trades and distributes financial securities on behalf of financial institutions. Registration or licensing is required.

Skill Level: 1

Specialisations:

Derivatives Trader
Fixed Interest Dealer
Foreign Exchange Dealer
Securities Dealer


222212 FUTURES TRADER

Buys and sells commodity futures on behalf of clients. Registration or licensing is required.

Skill Level: 1


222213 STOCKBROKING DEALER

Alternative Titles:

Sharebroker
Stockbroker
Buys and sells stocks and bonds on behalf of clients. Registration or licensing is required.

Skill Level: 1

Specialisation:

Trading Floor Operator (Stock Exchange)


222299 FINANCIAL DEALERS NEC

This occupation group covers Financial Dealers not elsewhere classified. Registration or licensing may be required.

Skill Level: 1

Occupations in this group include:
Equities Analyst