1220.0 - ANZSCO - Australian and New Zealand Standard Classification of Occupations, First Edition, 2006

ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 11/09/2006

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Contents >> Major Group 2 Professionals >> SUB-MAJOR GROUP 22 Business, Human Resource and Marketing Professionals >> MINOR GROUP 222 Financial Brokers and Dealers, and Investment Advisers >> UNIT GROUP 2222 Financial Dealers

UNIT GROUP 2222 FINANCIAL DEALERS

FINANCIAL DEALERS conduct financial market transactions on behalf of clients.

Indicative Skill Level:
In Australia and New Zealand:

Most occupations in this unit group have a level of skill commensurate with a bachelor degree or higher qualification. At least five years of relevant experience may substitute for the formal qualification. In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification (ANZSCO Skill Level 1).

Registration or licensing may be 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

Specialisations:

Derivatives Dealer

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

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

Specialisation:

Trading Floor Operator (Stock Exchange)

222299 FINANCIAL DEALERS NEC

This occupation group covers Financial Dealers not elsewhere classified. Registration or licensing may be required.

Skill Level: 1

Occupations in this group include:

Equities Analyst

Investment Dealer