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Stockbroking Dealer

Also known as Sharebroker, Stockbroker.

Buys and sells stocks and bonds on behalf of clients. Registration or licensing is required.


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 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
Specialisations
  • Trading Floor Operator (Stock Exchange)
Job prospects for Financial Dealers in Victoria

Occupations in the Financial Dealers group include Financial Dealers (other), Financial Market Dealer, Futures Trader and Stockbroking Dealer.

Employment prospects
There are currently 4,400 Financial Dealers in Victoria. Over the next five years, the size of this occupation is expected to remain similar. Employment prospects for the next five years are stable.

Average weekly wage
$2,070.20

Hourly earnings
$53.80

For more information about this occupation at a national level visit the Job Outlook website. External link

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