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 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
    • 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

    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