Futures Trader Business & Administration Technicians
SaveWhat Does a Futures Trader Do?
Futures traders undertake daily trading activities in the futures trading market by buying and selling futures contracts. They speculate on the futures contracts' direction, trying to make a profit by buying futures contracts they foresee to rise in price and sell contracts they foresee to fall in price.
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Where Do I Start?
International Trade
The economic practise and study field that address the exchange of goods and services across geographic borders. The general theories and schools of thought around the implications of international trade in terms of exports, imports, competitivity, GDP, and role of multinational companies.
Sign up to trackReady to go deeper? Pick up to 3 skills to focus on from the list below.
These are common skills for this role. Real-world experience matters more than ticking every box — use this as a guide, not a checklist.
Skills You Need to Become a Futures Trader
Essential Skills
Essential Skills
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EssentialInternational Trade knowledge
The economic practise and study field that address the exchange of goods and services across geographic borders. The general theories and schools of thought around the implications of international trade …
Recommended Books
2 books -
EssentialCommercial Law knowledge
The legal regulations that govern a specific commercial activity.
Recommended Books
1 book -
EssentialEconomics knowledge
Economic principles and practices, financial and commodity markets, banking and the analysis of financial data.
No book recommendations available yet.
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EssentialFinancial Markets knowledge
The financial infrastructure which permits trading securities offered by companies and individuals govern by regulatory financial frameworks.
No book recommendations available yet.
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EssentialAnalyse Economic Trends skill
Analyse developments in national or international trade, business relations, banking, and developments in public finance and how these factors interact with one another in a given economic context.
Course recommendations coming soon.
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EssentialAnalyse Financial Risk skill
Identify and analyse risks that could impact an organisation or individual financially, such as credit and market risks, and propose solutions to cover against those risks.
Course recommendations coming soon.
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EssentialAnalyse Market Financial Trends skill
Monitor and forecast the tendencies of a financial market to move in a particular direction over time.
Course recommendations coming soon.
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EssentialForecast Economic Trends skill
Gather and analyse economic data in order to predict economic trends and events.
Course recommendations coming soon.
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EssentialPerform Financial Risk Management In International Trade skill
Evaluate and manage the possibility of financial loss and non-payment following international transactions, in the context of foreign exchange market; apply instruments like letters of credit.
Course recommendations coming soon.
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EssentialTrade Future Commodities skill
Buy or sell future commodity contracts on the futures market on your own account or on behalf of a customer or institution in order to make a profit.
Course recommendations coming soon.
Optional Skills (5 of 15 displayed)
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OptionalBanking Activities knowledge
The broad and continuously growing banking activities and financial products managed by banks ranging from personal banking, corporate banking, investment banking, private banking, up to insurance, foreign exchange trading, commodity …
Recommended Books
1 book -
OptionalFinancial Products knowledge
The different types of instruments that apply to the management of cash flow that are available on the market, such as shares, bonds, options or funds.
No book recommendations available yet.
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OptionalInternational Commercial Transactions Rules knowledge
Pre-defined commercial terms used in international commercial transactions which stipulate clear tasks, costs and risks associated with the delivery of goods and services.
No book recommendations available yet.
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OptionalActuarial Science knowledge
The rules of applying mathematical and statistical techniques to determine potential or existing risks in various industries, such as finance or insurance.
No book recommendations available yet.
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OptionalFinancial Forecasting knowledge
The tool used in performing fiscal financial management to identify revenue trends and estimated financial conditions.
No book recommendations available yet.
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OptionalFinancial Jurisdiction knowledge
Financial rules and procedures applicable to a certain location, whose regulatory bodies decide on its jurisdiction
No book recommendations available yet.
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OptionalInternational Law knowledge
The binding rules and regulations in the relations between states and nations, and legal systems dealing with countries rather than private citizens.
No book recommendations available yet.
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OptionalSecurities knowledge
The financial instruments traded in financial markets representing both the right of property over the owner and at the same time, the obligation of payment over the issuer. The aim …
No book recommendations available yet.
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OptionalStatistics knowledge
The study of statistical theory, methods and practices such as collection, organisation, analysis, interpretation and presentation of data. It deals with all aspects of data including the planning of data …
No book recommendations available yet.
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OptionalMaintain Records Of Financial Transactions skill
Collate all the financial transactions done in the daily operations of a business and record them in their respective accounts.
Course recommendations coming soon.
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OptionalNegotiate Sale Of Commodities skill
Discuss client's requirements for buying and selling commodities and negotiate their sale and purchase in order to obtain the most beneficial agreement.
Course recommendations coming soon.
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OptionalNegotiate Sales Contracts skill
Come to an agreement between commercial partners with a focus on terms and conditions, specifications, delivery time, price etc.
Course recommendations coming soon.
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OptionalOperate Financial Instruments skill
Work with financial instruments such as stocks, bonds, mutual funds and derivatives.
Course recommendations coming soon.
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OptionalTrace Financial Transactions skill
Observe, track and analyse financial transactions made in companies or in banks. Determine the validity of the transaction and check for suspicious or high-risk transactions in order to avoid mismanagement.
Course recommendations coming soon.
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OptionalTrade Securities skill
Buy or sell tradable financial products such as equity and debt securities on your own account or on behalf of a private customer, corporate customer or credit institution.
Course recommendations coming soon.