ISCO Occupation Group 3324.2 Commodity Trader
From Open Risk Manual
Definition
Commodity Trader: Commodity traders use negotiation techniques to sell and buy physical goods and raw materials such as gold, cattle, oil, cotton and wheat on the trading floor. They receive and implement purchasing and selling instructions and negotiate the terms of sale and delivery of commodities. Commodity traders do research about market conditions of specific commodities, their price trends and demand in order to inform their employers, they make bid offers and calculate the cost of transactions.
Essential Skills
- Analyse Market Financial Trends
- Negotiate Sale Of Commodities
- Financial Markets
- International Trade
- Commercial Law
- Handle Financial Transactions
- Perform Financial Risk Management In International Trade
- Financial Jurisdiction
- Analyse Economic Trends
- Negotiate With Stakeholders
- Analyse Financial Risk
- Economics
Optional Skills
- Financial Forecasting
- Actuarial Science
- Trace Financial Transactions
- Negotiate Buying Conditions
- Operate Financial Instruments
- Financial Products
- Forecast Economic Trends
- Banking Activities
- Maintain Records Of Financial Transactions
- Negotiate Sales Contracts
- International Commercial Transactions Rules
- Statistics
- Negotiate Price
Alternative Names
- Commodities Traders
- Commodity Exchange Floor Trader
- Commodities Trader
- Commodity Handlers
- Commodities Trading Managers
- Commodity Exchange Floor Traders
- Commodity Handler
- Commodities Trading Manager
