Futures Traders

Futures Traders buy and sell commodity futures on behalf of clients.

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.