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Frequently Asked Questions:

• How many Commodity Trader jobs are available on Pertemps?

  There are 2 Commodity Trader jobs available on Pertemps right now.

• What does a Commodity Trader do?

  Commodity brokers act as a mediator between buyers and sellers of movable and immovable property such as raw materials, livestock or real estate. They use negotiation techniques to sell and buy physical goods and raw materials such as gold, cattle, oil, cotton and wheat on the trading floor.

  Tasks required include:

  • Advises client on the suitability of insurance schemes and places insurance on behalf of client.
  • Discusses buying and or selling requirements of client and gives advice accordingly.
  • Analyses information concerning market trends for commodities, financial assets and foreign exchange and advises client and employer on the suitability of investments.
  • Records and transmits buy and sell orders for stocks, shares and bonds and calculates transaction costs.
  • Provides independent advice on the suitability of insurance schemes and places insurance on behalf of client.
  • Arranges the production of auction catalogues, fixes reserve prices, attends auction and bids on behalf of client, or negotiates purchase/sale by private treaty of goods not sold at auction.
  • Obtains cargo space, fixes freight charges and signs and issues bills of loading.
  • Collects freight charges from client and undertakes all necessary formalities concerning customs and the loading/unloading of cargo.

• What are the entry requirements for a Commodity Trader?

  There are no formal academic requirements although many employers require entrants to possess a degree or equivalent qualification. Training is typically undertaken in-house, although entrants may attend courses run by professional institutions. Registration with a regulatory authority may be required in some positions.