2222 Financial Dealers

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.

• 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

• 222211 Financial Market Dealer
• 222212 Futures Trader
• 222213 Stockbroking Dealer
• 222299 Financial Dealers nec

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

Buys and sells commodity futures on behalf of clients. Registration or licensing is required.

Skill Level:

• 1 Australia
• 2 New Zealand

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)

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