Buys and sells commodity futures on behalf of clients. Registration or licensing is required.
Skill Level 1
Caveats No caveats
Endorsed Correlations to ASCO Occupations
3212-13 Futures Trader
Group: 2222 Financial Dealers
conduct financial market transactions on behalf of clients.
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
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.