๐ ANZSCO Report
2222 Financial Dealers
Financial Dealers conduct financial market transactions on behalf of clients.
Indicative Skill Level:
In Australia:
- Bachelor degree or higher qualification. At least five years of relevant experience may substitute for the formal qualification (ANZSCO Skill Level 1)
In New Zealand:
- NZQF Diploma, or at least three years of relevant experience (ANZSCO Skill Level 2)
In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification.
Registration or licensing is 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 Australia
- 2 New Zealand
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 Australia
- 2 New Zealand
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 Australia
- 2 New Zealand
Specialisation:
- Trading Floor Operator (Stock Exchange)
222299 Financial Dealers nec
This occupation group covers Financial Dealers not elsewhere classified. Registration or licensing is required.
Skill Level:
- 1 Australia
- 2 New Zealand
Occupations in this group include:
- Equities Analyst
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