A Trader, Equities earns an average salary of HK$750,757 per year.
Job Description for Trader, Equities
Equity traders are in charge of executing purchases and selling activities of equities on behalf of their company or clients. They are responsible for providing accurate advice on trading matters and explaining terms and procedures to customers. They conduct complex transactions using established guidelines and must possess strong communication skills to interact with other traders, clients, and company representatives. These traders analyze huge amounts of financial information, market research trends, and company statements to drive their recommendations and decisions.Read More...
Equity traders' primary responsibilities include exchange stocks or bonds into cash or to acquire other equities, as indicated by their company or customers. Equity traders also strive to reduce transaction costs and increase company recognition. Additionally, they manage orders and trade flow based on importance rating, as well as timing during trading hours. In addition, one of their main duties is providing investment teams with financial intelligence and expert advice as required. They strive to develop strong business relationships to increase company profitability and loyalty. Equity traders must follow trading and privacy regulations at all times.
A bachelor's degree in finance, economics, or a related field is generally required for this position. Previous experience in a trader capacity is often required or preferred as well. Equity traders need to work well in a team environment to reach all trading objectives in a timely manner, as well as be organized and pay close attention to detail. They also must have excellent multitasking abilities to handle and prioritize trading transactions effectively. They use a personal computer to keep an accurate record of their trading activities, as well as client information and financial statements. (Copyright 2018 PayScale.com)
Trader, Equities Tasks
- Conduct client transactions, such as buying and selling stock, properties, and other equity products.
- Perform transaction analysis to ensure integrity of data and compliance with all government regulations.
- Develop trading strategies and assess market trends to provide clients with accurate data.
- Evaluate market trends, trader performance, and trading strategies for financial risk.