§ OCCUPATION · GLOBAL STANDARDS

futures trader

Futures traders undertake daily trading activities in the futures trading market by buying and selling futures contracts.

View on Official Portal ↗

Description

Futures traders undertake daily trading activities in the futures trading market by buying and selling futures contracts. They speculate on the futures contracts' direction, trying to make a profit by buying futures contracts they foresee to rise in price and sell contracts they foresee to fall in price.

Theoretical Knowledge

ESSENTIALTheoretical knowledge required

international trade financial markets economics commercial law

OPTIONALAdjacent knowledge that strengthens fit

international commercial transactions rules financial products statistics financial jurisdiction actuarial science banking activities international law financial forecasting securities

Practical Skills

ESSENTIALApplied skills & competences

analyse financial risk perform financial risk management in international trade analyse market financial trends analyse economic trends trade future commodities forecast economic trends

OPTIONALOptional competences

negotiate sales contracts trace financial transactions trade securities operate financial instruments negotiate sale of commodities maintain records of financial transactions

Data Source: Unified Global Standards (ISCED, ISCO, O*NET, ESCO)