ISCO Occupation Group 3324.1 Commodity Broker
From Open Risk Manual
Contents
Definition
Commodity Broker:
Commodity brokers act as intermediary between buyers and sellers of movable and immovable property such as raw materials, livestock or real estate. They negotiate prices and receive a commission from the transactions. They research market conditions for specific commodities in order to inform their clients. They make bid offers and calculate the cost of transactions.
Essential Skills
- Advise On Financial Matters
- Financial Markets
- Perform Financial Risk Management In International Trade
- Review Investment Portfolios
- Analyse Market Financial Trends
- Analyse Financial Risk
- International Trade
- Apply Technical Communication Skills
- Commercial Law
- Analyse Economic Trends
- Negotiate With Stakeholders
- Economics
- Analyse Energy Market Trends
- Negotiate Sale Of Commodities
Optional Skills
- Statistics
- Negotiate Buying Conditions
- Maintain Records Of Financial Transactions
- Build Business Relationships
- Financial Forecasting
- Provide Financial Product Information
- Handle Financial Transactions
- Banking Activities
- Modern Portfolio Theory
- Financial Jurisdiction
- International Commercial Transactions Rules
- Negotiate Sales Contracts
- Financial Products
- Communicate With Banking Professionals
- Negotiate Price
- Protect Client Interests
- Actuarial Science
- Trace Financial Transactions
- Forecast Economic Trends
- Operate Financial Instruments
Alternative Names
- Commodities Traders
- Commodity Traders
- Commodity Dealers
- Commodity Dealer
- Commodities Dealers
- Commodities Broker
- Commodity Trader
- Commodities Brokers
Specializations
| Specialization | Title |
|---|---|
| C3324.1.2 | ISCO Specialization 3324.1.2 Waste Broker |
| C3324.1.1 | ISCO Specialization 3324.1.1 Shipbroker |
