ISCO Specialization 3311.2.1 Foreign Exchange Broker
From Open Risk Manual
Definition
Foreign Exchange Broker: Foreign exchange brokers buy and sell foreign currencies on behalf of their clients in order to secure a profit on fluctuations in foreign exchange rates. They undertake technical analysis of economic information such as market liquidity and volatility, to predict the future rates of currencies on the foreign exchange market.
Essential Skills
- Economics
- Analyse Economic Trends
- Advise On Financial Matters
- Trade Foreign Currencies
- Forecast Economic Trends
- Commercial Law
- Analyse Financial Risk
- Foreign Valuta
- Apply Technical Communication Skills
- Analyse Market Financial Trends
- Financial Markets
- Perform Financial Risk Management In International Trade
- Financial Jurisdiction
Optional Skills
- Stock Market
- Monitor Stock Market
- International Commercial Transactions Rules
- International Trade
- Operate Financial Instruments
- Handle Financial Transactions
- Protect Client Interests
- Build Business Relationships
- Actuarial Science
- Provide Financial Product Information
- Communicate With Banking Professionals
- Negotiate With Stakeholders
- Banking Activities
- Perform Stock Valuation
- Accounting
- Trace Financial Transactions
- Review Investment Portfolios
- Securities
- Trade Securities
- Statistics
- Maintain Records Of Financial Transactions
- Financial Products
Alternative Names
- Broker In Foreign Exchange
- Forex Broker
- Forex Trader
- Forex Traders
- Fx Broker
- Foreign Exchange Traders
- Forex Brokers
