Financial Dealer and Broker

State/Territory Specific Information

Financial dealers and brokers conduct financial market transactions on behalf of clients and offer advice on financial matters.

Financial dealers and brokers may perform the following tasks:

  • get information on securities, market conditions, government regulations and financial circumstances of clients
  • deal in the marketplace on behalf of clients and provide financial advice
  • record and give 'buy' and 'sell' orders
  • calculate and record costs of transactions
  • develop lists of appropriate investments for clients
  • plan buying and selling activities.

Specialisations:

Commodities Trader

A commodities trader brings together buyers and sellers of commodities to negotiate private sales and arrange sales through established marketplaces.

Financial Market Dealer

A financial market dealer buys and sells securities within the financial market and trades and distributes financial securities on behalf of financial institutions.

Financial Planner

A financial planner provides financial advice to clients covering all areas of finance, including taxation, retirement, redundancy, superannuation, insurance and estate planning.

Investment Banker/Merchant Banker

An investment banker/merchant banker offers financial products and services, handles large financial transactions and operates as an intermediary in the professional and commercial sectors of the finance industry. They are also involved in the money market, corporate lending and investment banking.

Stockbroker

A stockbroker buys and sells stocks and bonds on behalf of clients.

Personal Requirements:

  • good communication skills
  • able to make accurate calculations quickly
  • aptitude for using computers
  • able to work independently
  • able to work under pressure
  • aptitude for research
  • some ability in mathematics
  • analytical skills
  • interested in the financial market.

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Education and Training, Employment Opportunities and Additional Information

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