ACCOUNTING/FINANCE/ECONOMICS

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