ANZSCO CODE - 222299
|Major Group||2 - Professionals|
|Sub-Major Group||22 - Business, Human Resource and Marketing Professionals|
|Minor Group||222 - Financial Brokers and Dealers, and Investment Advisers|
|Unit Group||2222 - Financial Dealers|
Unit Group 2222: Financial Dealers
Financial Dealers conduct financial market transactions on behalf of clients.
Indicative Skill Level:
- 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.
- 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
Occupations in this unit group
- 222211 Fixed Interest Dealer
- 222211 Derivatives Trader
- 222211 Foreign Exchange Dealer
- 222211 Securities Dealer
- 222211 Money Market Dealer
- 222211 Financial Market Dealer
- 222212 Futures Trader
- 222213 Sharebroker
- 222213 Stockbroker
- 222213 Trading Floor Operator (Stock Exchange)
- 222213 Stockbroking Dealer
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