A securities and commodities broker is someone who connects buyers and sellers in financial markets. They sell securities to individuals, advise companies that are in search of investors, and conduct trades.
What does a Securities and Commodities Broker do?
Securities and commodities brokers typically:
Contact prospective clients to present information and explain available services
Offer advice on the purchase or sale of particular securities
Buy and sell securities, such as stocks and bonds
Buy and sell commodities, such as corn, oil, and gold
Monitor financial markets and the performance of individual securities
Analyze company finances to provide recommendations for public offerings, mergers, and acquisitions
Evaluate cost and revenue of agreements
Securities and commodities brokers deal with a wide range of products and clients. Agents spend much of the day interacting with people, whether selling stock to an individual or discussing the status of a merger deal with a company executive. The work is usually stressful because agents deal with large amounts of money and have time constraints.
Find your perfect career
Would you make a good securities and commodities broker? Sokanu's free assessment reveals how compatible you are with a career across 5 dimensions!
What is the workplace of a Securities and Commodities Broker like?
Most securities and commodities brokers work long hours under stressful conditions. The pace of work is fast, and managers are usually demanding of their workers, because both commissions and advancements are tied to sales. In addition, they may work evenings and weekends because many of their clients work during the day.