FINANCIAL DEALERS
FINANCIAL DEALERS conduct financial market transactions on behalf of clients.
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:
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- 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
