Securities, Commodities, and Financial Services Sales Agents — Tasks

Task statements

• Agree on buying or selling prices at optimal levels for clients.
• Keep accurate records of transactions.
• Complete sales order tickets and submit for processing of client-requested transactions.
• Report all positions or trading results.
• Buy or sell stocks, bonds, commodity futures, foreign currencies, or other securities on behalf of investment dealers.
• Make bids or offers to buy or sell securities.
• Monitor markets or positions.
• Interview clients to determine clients' assets, liabilities, cash flow, insurance coverage, tax status, or financial objectives.
• Discuss financial options with clients and keep them informed about transactions.
• Identify opportunities or develop channels for purchase or sale of securities or commodities.
• Develop financial plans, based on analysis of clients' financial status.
• Review all securities transactions to ensure accuracy of information and conformance to governing agency regulations.
• Devise trading, option, or hedge strategies.
• Determine customers' financial services needs and prepare proposals to sell services that address these needs.
• Track and analyze factors that affect price movement, such as trade policies, weather conditions, political developments, or supply and demand changes.
• Inform other traders, managers, or customers of market conditions, including volume, price, competition, or dynamics.
• Offer advice on the purchase or sale of particular securities.
• Contact prospective customers to present information and explain available services.
• Explain stock market terms or trading practices to clients.
• Calculate costs for billings or commissions.
• Prepare financial reports to monitor client or corporate finances.
• Supply the latest price quotes on any security, as well as information on the activities or financial positions of the corporations issuing these securities.
• Supervise support staff and ensure proper execution of contracts.
• Relay buy or sell orders to securities exchanges or to firm trading departments.
• Evaluate costs and revenue of agreements to determine continued profitability.
• Sell services or equipment, such as trusts, investments, or check processing services.
• Negotiate prices or contracts for securities or commodities sales or purchases.
• Prepare and send requests for price quotations to all companies in a particular market.
• Price securities or commodities based on market conditions.
• Purchase or sell financial derivatives for customers.