Financial Dealers

Financial Dealers conduct financial market transactions on behalf of clients.

**Indicative skill level:**

#### 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.

**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