Futures Trader ANZSCO 222212: Job Role, Salary, Skills & Visa Pathways

Futures Trader ANZSCO Code: 222212

A futures trader is someone who works as a professional who buys and sells commodities on behalf of their customers. They use their deep knowledge of the market outlook to buy stock at rising prices and sell it at falling prices. Some futures traders are focused on profiting from price movements, while others are looking to save their business from unfortunate market changes.

Their daily tasks include checking the global market, studying price charts and explaining financial reports. They also manage the administrative tasks, like calculating and recording orders. Create a strategy for buying and selling futures contracts according to the market trends.
They buy and sell futures contracts to get the intended market direction with correct decision-making. They collect information relevant to the market conditions, regulations and company possibilities to get an idea of trends and opportunities. They give information and advice to clients on financial markets and investment options.

A Futures Trader notify clients about the details of their trades, like what the contracts are and what their prices are. They keep correct information about the records of client buy and sell orders. They explain financial reports, periodicals and other data sources to make brief decisions. Check charts and prepare them for different market strategies before the trading session starts. They keep themselves up-to-date with market fluctuations, strategies and new tools. They also make sure that enough collateral is deposited to open and maintain trading positions.

Tone
Accuracy
Speed
Behaviour

Skill Level:	1
Alternative Title:	Market Futures Analyst
Migration Strategy:	CSOL
ANZSCO Code:	222212

Futures Trader Job Description, Responsibilities, and Education Requirements

Indicative Skill Level:

In Australia and New Zealand:

Most professions in this unit group have a level of skill corresponding to a bachelor's degree or higher qualification. At least five years of relevant experience may substitute for the formal qualification. In some cases, relevant experience and/or on-the-job training may be required in addition to the formal qualification ANZSCO Skill Level 1. Registration or licensing may be needed. This includes qualifications assessed at AQF Bachelor, Master and Doctoral level.
Majors in Mathematics, Statistics, Physics, Engineering and ICT may be considered for a Full Skills Assessment if the employment is assessed as highly relevant and the field of study pertains to the applicant’s role.

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 marketplace on behalf of clients.
Relaying trade information to clients, such as the number of contracts bought and sold and the prices.
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.