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Unit Group

2122 Financial Dealers

OSCA - Occupation Standard Classification for Australia
Reference period
2024, Version 1.0

2122 Financial Dealers

Conduct financial market transactions on behalf of clients.

OSCA skill level

The occupations in this unit group have a skill level corresponding to the qualifications and experience below.

  • Skill Level 1: Bachelor Degree, higher qualification, or at least five years of relevant experience
Occupation

212231 Financial Market Dealer

Buys and sells financial instruments within financial markets, and trades and distributes financial instruments on behalf of financial institutions.

Registration or licensing is required.

Specialisations

  • Derivatives Trader
  • Foreign Exchange Dealer
  • Futures Trader

Skill level: 1

Main tasks

  • Obtains information on securities, bonds, derivatives, market conditions, government regulations, and financial circumstances of clients
  • Interprets data from reports, financial periodicals and stock-quotation viewer screens
  • Analyses financial markets and financial market products
  • Executes investment orders by buying and selling securities, bonds, treasury bills and other financial instruments for investors, fund managers or financial institutions
  • Monitors futures prices and market changes, and bids for commodity futures contracts
Occupation

212232 Stockbroker

Buys and sell stocks and bonds on behalf of clients.

Registration or licensing is required.

Alternative title

  • Sharebroker

Skill level: 1

Main tasks

  • Interprets data from securities reports, financial reports and stock-quotation viewer screens
  • Monitors stock prices and market changes
  • Provides information and trading advice to clients on equities and bonds
  • Executes, records and transmits buy and sell orders on behalf of clients
  • Relays trading information to clients, such as market conditions, bid and cost prices, and number of shares bought and sold