Financial Dealers, classified under ANZSCO code 2222, are professionals who conduct financial market transactions on behalf of clients. They play a crucial role in the financial industry by providing advice, executing trades, and monitoring market conditions.

Indicative Skill Level:

In Australia, Financial Dealers are required to have a Bachelor's degree or higher qualification. However, relevant experience of at least five years can substitute for the formal qualification (ANZSCO Skill Level 1). In New Zealand, a NZQF Diploma or at least three years of relevant experience is required (ANZSCO Skill Level 2). In some cases, additional on-the-job training may be necessary in addition to the formal qualification. Registration or licensing is also required for this occupation.

Tasks Include:

• Obtaining information on securities, market conditions, government regulations, and clients' financial circumstances
• Interpreting data from securities reports, financial periodicals, and stock-quotation viewer screens
• Analyzing financial markets and financial market products
• Providing information and advice on financial market matters, market conditions, and the history and prospects of corporations
• Executing buy and sell orders in the market 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:

• 222211 Financial Market Dealer
• 222212 Futures Trader
• 222213 Stockbroking Dealer
• 222299 Financial Dealers nec (not elsewhere classified)

222211 Financial Market Dealer

Also known as a Money Market Dealer, a Financial Market Dealer buys and sells securities within financial markets and trades and distributes financial securities on behalf of financial institutions. Registration or licensing is required for this specialization.

Skill Level: 1 in Australia, 2 in New Zealand

Specializations: Derivatives Trader, Fixed Interest Dealer, Foreign Exchange Dealer, Securities Dealer

222212 Futures Trader

A Futures Trader buys and sells commodity futures on behalf of clients. Registration or licensing is required for this occupation.

Skill Level: 1 in Australia, 2 in New Zealand

222213 Stockbroking Dealer

Also known as a Sharebroker or Stockbroker, a Stockbroking Dealer buys and sells stocks and bonds on behalf of clients. They may also specialize as a Trading Floor Operator (Stock Exchange). Registration or licensing is required for this occupation.

Skill Level: 1 in Australia, 2 in New Zealand

222299 Financial Dealers nec

This occupation group includes Financial Dealers not classified elsewhere. One example of an occupation in this group is an Equities Analyst. Registration or licensing is required for this specialization.

Skill Level: 1 in Australia, 2 in New Zealand