Futures Trader – ANZSCO 222212
- Futures Trader buys and sells commodity futures on behalf of clients. Registration or licensing is required.
- Skill Level
Skills Assessment Requirement
Unless you are exempt in very limited circumstances, you are required to have a positive Skills Assessment to apply for the visas listed above.
Skills Assessment authority for Futures Trader is Vocational & Education Training Assessment (VETASSESS). To have a positive skills assessment, you must meet the following criteria:
- Qualification assessed at AQF Bachelor degree or higher in a highly relevant field of study AND at least one year of post-qualification highly relevant employment at an appropriate skill level in the last five years; OR
- Qualification assessed at AQF Bachelor degree or higher WITH an additional qualification at AQF Diploma level in a highly relevant field of study AND at least two years of post-qualification highly relevant employment at an appropriate skill level in the last five years; OR
- Qualification assessed at AQF Bachelor degree or higher WITHOUT a highly relevant field of study AND at least three years of post-qualification highly relevant employment at an appropriate skill level in the last five years
- Applicants must meet both the qualification and employment requirements to obtain a positive skills assessment
- Highly relevant fields of study include:
- Actuarial Studies
Potential Visa Pathways for Future Trader
|ANZSCO||Occupation||Skills Assessment||189||190||485 (Graduate Work)||491 (State)||491 (Family)||186 (Direct)||407 (Training)||494 (regional Sponsored)||482 (TSS Medium Term)|
Group: 2222 Financial Dealers
- Conduct financial market transactions on behalf of clients.
- Obtaining information on securities, market conditions, government regulations and financial circumstances of clients
- Interpreting data from securities reports, financial periodicals and stock-quotation viewer screens
- Analysing financial markets and financial market products
- Providing information and offering advice on financial market matters, market conditions and the history and prospects of corporations
- Executing buy and sell orders in the market place on behalf of clients
- Relaying trade information to clients such as the number of contracts bought and sold and the price
- Monitoring futures prices and market changes, and bidding for commodity futures contracts
- Recording and transmitting buy and sell orders
- Calculating and recording costs of transactions
- Skill Level
- Most occupations in this unit group have a level of skill commensurate with a bachelor degree or higher qualification. At least five years of relevant experience may substitute for the formal qualification. In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification (ANZSCO Skill Level 1).
Registration or licensing may be required.
- Occupations in this Group
- 222211 Financial Market Dealer
- 222212 Futures Trader
- 222213 Stockbroking Dealer
- 222299 Financial Dealers nec
Subclass 494 visa – Skilled Sponsored Regional (Provisional) visa
You can apply for subclass 494 if you have a regional employer who is willing to sponsor you. To be eligible for this visa, you must have at least 3 years of working experience in your nominated occupation and have a relevant skills assessment. With this visa, there is a requirement that you must work for the employer who is sponsoring you.
This visa provides pathway to permanent residency through the 191 visa.
At least 3 years full-time work experience in the nominated occupation.
Must have at least Competent English, i.e., IELTS 6.0 or equivalent.
Must be sponsored by an Australian regional employer.
Must have a positive skills assessment.
Must live and work in regional areas in Australia.
Book a consultation with our Registered Migration Agents in Melbourne to find out more about your visa options and your path to Australian permanent residency or applying for citizenship.