Overview
Futures Traders buy and sell commodity futures on behalf of clients.
Day-to-day
- obtains information on securities, market conditions, government regulations and financial circumstances of clients
- interprets data from securities reports, financial periodicals and stock-quotation viewer screens
- analyses financial markets and financial market products
- provides information and offers advice on financial market matters and market conditions, as well as the history and prospects of corporations
- executes buy and sell orders in the market place on behalf of clients
- relays trade information to clients such as the number of contracts bought and sold and the price
- monitors futures prices and market changes, and bidding for commodity futures contracts
- records and transmits buy and sell orders.
Considerations
- Stressful
To become a Futures Trader
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You usually need a university qualification in commerce, finance, accounting, economics or actuarial science to work as a Futures Trader. Some workers have a Vocational Education and Training (VET) qualification.
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Registration or licencing may be required.