Securities and Commodities Traders

Course Advisor; United States; On-site; USD 70,000 - 160,000; Full time

Job summary

Course Advisor is seeking a Securities & Commodities Trader to oversee sales orders, devise trading strategies, and report trading results. Responsibilities include ensuring compliance with regulations and communicating market conditions to stakeholders. Candidates should possess strong analytical skills, active listening, and proficiency with tools like Excel and Bloomberg Professional. The position promises a dynamic environment with significant growth in job opportunities in the coming years.

Qualifications

• Understanding written sentences and paragraphs in work-related documents.
• Giving full attention to what other people are saying, taking time to understand.
• Talking to others to convey information effectively.
• Using logic and reasoning to identify the strengths and weaknesses.
• Considering costs and benefits of potential actions to choose the best.
• Using mathematics to solve problems.

Responsibilities

• Receive sales order tickets and inspect for accuracy.
• Devise trading, option, or hedge strategies.
• Report all positions or trading results.
• Inform traders or customers of market conditions.
• Report deficiencies to avoid rule violations.
• Review transactions to ensure regulations compliance.

Skills

Reading Comprehension

Active Listening

Speaking

Critical Thinking

Judgment and Decision Making

Mathematics

Tools

Microsoft Excel

Microsoft Office

Microsoft PowerPoint

Microsoft Outlook

Web browser software

Microsoft Access

The MathWorks MATLAB

Linux

Microsoft Visual Basic

UNIX

R

Customer information control system CICS

Bloomberg Professional

C++

Job description

Securities & Commodities Trader Responsibilities

• Receive sales order tickets and inspect forms to determine accuracy of information.


• Devise trading, option, or hedge strategies.


• Report all positions or trading results.


• Inform other traders, managers, or customers of market conditions, including volume, price, competition, or dynamics.


• Report deficiencies in account payments, securities deliveries, or documentation requirements to avoid rule violations.


• Review securities transactions to ensure conformance to regulations.

What a Securities & Commodities Trader Should Know

Reading Comprehension: Understanding written sentences and paragraphs in work-related documents.

Active Listening: 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.

Speaking: Talking to others to convey information effectively.

Critical Thinking: 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.

Mathematics: Using mathematics to solve problems.

Other Securities & Commodities Trader Job Titles

• Proprietary Trader


• Flow Trader


• Commodities Trader


• Securities Trader


• Broker

Job Outlook for Securities and Commodities Traders

In the United States, there were 375,700 jobs for Securities and Commodities Trader in 2016. New jobs are being produced at a rate of 6.2% which is above the national average. The Bureau of Labor Statistics predicts 23,200 new jobs for Securities and Commodities Trader by 2026. There will be an estimated 38,000 positions for Securities & Commodities Trader per year. The states with the most job growth are Arizona, Utah, and Iowa. The states with the least growth are Massachusetts, New Jersey, and Maine.

Salary by State

• Alabama: $82,810


• Alaska: $101,290


• Arizona: $72,750


• Arkansas: $74,490


• California: $81,610


• Colorado: $76,160


• Connecticut: $122,890


• Delaware: $87,390


• District of Columbia: $103,380


• Florida: $82,810


• Georgia: $77,000


• Hawaii: $85,660


• Idaho: $62,690


• Illinois: $91,640


• Indiana: $92,400


• Iowa: $75,380


• Kansas: $107,500


• Kentucky: $85,420


• Louisiana: $89,550


• Maine: $81,670


• Maryland: $97,570


• Massachusetts: $118,310


• Michigan: $79,320


• Minnesota: $104,570


• Mississippi: $78,220


• Missouri: $80,280


• Montana: $89,270


• Nebraska: $86,920


• Nevada: $70,480


• New Hampshire: $98,030


• New Jersey: $98,850


• New Mexico: $56,380


• New York: $161,580


• North Carolina: $88,810


• North Dakota: $100,060


• Ohio: $77,960


• Oklahoma: $78,220


• Oregon: $66,120


• Pennsylvania: $86,970


• Rhode Island: $100,390


• South Carolina: $75,120


• South Dakota: $113,460


• Tennessee: $75,610


• Texas: $85,720


• Utah: $71,460


• Vermont: $105,770


• Virginia: $90,410


• Washington: $79,930


• West Virginia: $83,930


• Wisconsin: $77,780


• Wyoming: $70,030

Tools Used

• Microsoft Excel


• Microsoft Office


• Microsoft PowerPoint


• Microsoft Outlook


• Web browser software


• Microsoft Access


• The MathWorks MATLAB


• Linux


• Microsoft Visual Basic


• UNIX


• R


• Customer information control system CICS


• Bloomberg Professional


• C++