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Occupation Description
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Occupation: 3212-13 Futures Trader
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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 future 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
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