Projected Growth: Average
Projected Job Openings
Considerable Preparation Needed
Your job is to Buy and sell securities and commodities to transfer debt, capital, or risk. Establish and negotiate unit prices and terms of sale.
Common job titles of Securities and Commodities Traders include:
Experience and Education
A considerable amount of work-related skill, knowledge, or experience is needed for this occupation. For example, a person in this occupation must complete four years of college and work for several years in industry to be considered qualified.
55.26% said they needed a Bachelor's Degree.
12.02% said they needed a Associate's Degree.
Buy, sell, or trade carbon emissions permits.
Develop or maintain supplier or customer relationships.
Process paperwork for special orders, including margin or option purchases.
Identify or pursue investment strategies related to the green economy, including green hedge funds, renewable energy markets, or clean technology investment opportunities.
Monitor markets or positions.
Report all positions or trading results.
Agree on buying or selling prices at optimal levels for clients.
Identify opportunities or develop channels for purchase or sale of securities or commodities.
Track and analyze factors that affect price movement, such as trade policies, weather conditions, political developments, or supply and demand changes.
Inform other traders, managers, or customers of market conditions, including volume, price, competition, or dynamics.
Devise trading, option, or hedge strategies.
Make bids or offers to buy or sell securities.
Receive sales order tickets and inspect forms to determine accuracy of information.
Buy or sell stocks, bonds, commodity futures, foreign currencies, or other securities on behalf of investment dealers.
Review securities transactions to ensure conformance to regulations.
Report deficiencies in account payments, securities deliveries, or documentation requirements to avoid rule violations.
Analyze target companies or investment opportunities to inform investment decisions.
Supervise support staff and ensure proper execution of contracts.
Write or sign sales order confirmation forms to record or approve security transactions.
Prepare financial reports, such as reviews of portfolio positions.
Reconcile account-related statements, such as quarterly or annual statements or confirmations.
Make transportation arrangements for sold or purchased commodities.
Multi-line telephone systems
Laser facsimile machines
Computer data input scanners
The MathWorks MATLAB
BondDesk Group Trader WorkStationAll Technologies
Charles River Development Charles River Investment Management System
Citi The Yield Book Calculator
CQG Integrated Client
Customer information control system CICS
Fixed income alternative trading systems ATS
Redi Enterprise Development Redi ERM
Telvent DTN ProphetX
Tradeweb Markets Tradeweb
Triple Point Commodity XL
Web-based trading systems
Understanding written sentences and paragraphs in work related documents.
Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
Talking to others to convey information effectively.
Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
Judgment and Decision Making
Considering the relative costs and benefits of potential actions to choose the most appropriate one.
Bringing others together and trying to reconcile differences.
Using mathematics to solve problems.
Monitoring/Assessing performance of yourself, other individuals, or organizations to make improvements or take corrective action.
Communicating effectively in writing as appropriate for the needs of the audience.
Being aware of others' reactions and understanding why they react as they do.
Persuading others to change their minds or behavior.
Understanding the implications of new information for both current and future problem-solving and decision-making.
Complex Problem Solving
Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
Actively looking for ways to help people.
Listen to and understand information and ideas presented through spoken words and sentences.
Cognitive Abilities › Verbal Abilities › Oral Comprehension
Read and understand information and ideas presented in writing.
Cognitive Abilities › Verbal Abilities › Written Comprehension
Communicate information and ideas in speaking so others will understand.
Cognitive Abilities › Verbal Abilities › Oral Expression
Apply general rules to specific problems to produce answers that make sense.
Cognitive Abilities › Idea Generation and Reasoning Abilities › Deductive Reasoning
Combine pieces of information to form general rules or conclusions (includes finding a relationship among seemingly unrelated events).
Cognitive Abilities › Idea Generation and Reasoning Abilities › Inductive Reasoning
Add, subtract, multiply, or divide quickly and correctly.
Cognitive Abilities › Quantitative Abilities › Number Facility
Economics and Accounting
Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.
Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
Computers and Electronics
Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.
Sales and Marketing
Knowledge of principles and methods for showing, promoting, and selling products or services. This includes marketing strategy and tactics, product demonstration, sales techniques, and sales control systems.
Knowledge of administrative and clerical procedures and systems such as word processing, managing files and records, stenography and transcription, designing forms, and other office procedures and terminology.