Futures trader

Code 3311.3.3

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.

Essential skills

Knowledge

  • commercial law
  • international trade
  • economics
  • financial markets

Skills and competences

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

Transversal competences

  • analyse financial risk

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Sources

This service uses the ESCO classification of the European Commission and the Mapha Taxonomy developed by OTIC SOFOFA (CC BY 4.0), in an adapted version. Group codes come from the ILO's ISCO-08. See sources and licences