Stockbroker

Stockbrokers buy and sell stocks and bonds on behalf of clients.

Overview

Stockbrokers buy and sell stocks and bonds on behalf of clients.

Day-to-day

  • 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 stock prices and market changes, and bids for securities and bonds
  • records and transmits buy and sell orders
  • calculates and records costs of transactions.

Considerations

  • stressful.

Occupation snapshot
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Not available
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Stable

To become a Stockbroker

  • You usually need a university qualification in commerce, finance, accounting, economics or actuarial science to work as a Stockbroker. Some workers have a Vocational Education and Training (VET) qualification.

    Find a Bachelor of Economics

    Find a Bachelor of Accounting

  • Registration or licencing may be required.

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