1220.0 - Australian Standard Classification of Occupations (ASCO) Second Edition, 1997  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 31/07/1997   
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3212-13 Futures Trader

Buys and sells commodity futures on behalf of clients.

Skill Level:
The entry requirement for this occupation is an AQF Diploma or higher qualification or at least 3 years relevant experience. In some instances relevant experience is required in addition to the formal qualification. Registration or licensing is required.

Tasks Include:

  • executes orders in the market on behalf of their clients
  • monitors futures prices and market changes and bids for commodity futures contracts
  • relays trade information to clients, including the number of contracts bought or sold and the price
  • completes trade records, such as trading slips
  • provides completed records to the Futures Exchange Clearing House for registration

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