Futures Traders
Futures Traders buy and sell commodity futures on behalf of clients.
- The Job
- The Facts
- Related Courses
What the job involves
- Obtains information on securities, market conditions, government regulations and financial circumstances of clients
- Interprets data from securities reports, financial periodicals and stock-quotation viewer screens
- Analyses financial markets and financial market products
- Provides information and offers advice on financial market matters and market conditions, as well as the history and prospects of corporations
- Executes buy and sell orders in the market place on behalf of clients
- Relays trade information to clients such as the number of contracts bought and sold and the price
- Monitors futures prices and market changes, and bidding for commodity futures contracts
- Records and transmits buy and sell orders
Key values of workers in Futures Traders
Working Conditions
Occupations that satisfy this work value offer job security and good working conditions. Corresponding needs are Activity, Compensation, Independence, Security, Variety and Working Conditions.
Independence
Occupations that satisfy this work value allow employees to work on their own and make decisions. Corresponding needs are Creativity, Responsibility and Autonomy.
Relationships
Occupations that satisfy this work value allow employees to provide service to others and work with co-workers in a friendly non-competitive environment. Corresponding needs are Co-workers, Moral Values and Social Service.
Recognition
Occupations that satisfy this work value offer advancement, potential for leadership, and are often considered prestigious. Corresponding needs are Advancement, Authority, Recognition and Social Status.
Support
Occupations that satisfy this work value offer supportive management that stands behind employees. Corresponding needs are Company Policies, Supervision: Human Relations and Supervision: Technical.
Top skills required for workers in Futures Traders
Critical Thinking
Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems.
Monitoring
Monitoring/Assessing performance of yourself, other individuals, or organizations to make improvements or take corrective action.
Judgment and Decision Making
Considering the relative costs and benefits of potential actions to choose the most appropriate one.
Reading Comprehension
Understanding written sentences and paragraphs in work-related documents.
Speaking
Talking to others to convey information effectively.