1220.0 - Australian Standard Classification of Occupations (ASCO) Second Edition, 1997

ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 31/07/1997

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Contents >> 02 Structure & Definitions >> 3 Associate Professionals >> 32 Business and Administration Associate Professionals >> 321 Finance Associate Professionals >> 3212 Financial Dealers and Brokers >> 3212-15 Financial Market Dealer

3212-15	Financial Market Dealer
	Money Market Dealer

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

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:

obtains information on securities, market conditions, government regulations and financial circumstances of clients
trades securities within the wholesale treasury markets or inter-bank arena
distributes securities
makes prices within a dealing room environment
interprets data from securities reports, financial periodicals and stock-quotation viewer screens
provides information and offers advice on financial market matters, market conditions and the history and prospects of corporations
records and transmits buy and sell orders
calculates and records costs of transactions
develops lists of investments for clients

Specialisations:
Derivatives Dealer
Fixed Interest Dealer
Foreign Exchange Dealer