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OaSIS 2025 Version 1.0
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11103.02 – Brokers

Brokers buy and sell stocks, bonds, commodity futures, foreign currencies and other securities at stock exchanges on behalf of investment dealers.

Overview

Example job titles

  • Bond dealer
  • Financial broker
  • Investment broker
  • Mutual fund broker
  • Stockbroker

Core competencies

  • Negotiating and Persuading to negotiate trade terms, prices and conditions with various stakeholders, securing the best possible terms for clients and navigating complex trading situations effectively
  • Critical Thinking and Decision Making to evaluate the implications of market movements, address issues that arise during trading and find solutions that align with clients' objectives
  • Mathematical Reasoning and Numerical Ability to perform accurate calculations related to trades, such as computing the cost of transactions, calculating potential profits and losses and managing financial ratios
  • Deductive Reasoning to draw logical conclusions from market trends and financial reports in order to make informed decisions about executing trades
  • Stress Tolerance to make quick decisions and manage the pressures associated with executing trades under time constraints, especially during periods of high volatility or significant market events
  • Knowledge in Economics to understand how various economic indicators, such as GDP, inflation rates and unemployment rates, impact financial markets and the value of securities

Main duties

This group performs some or all of the following duties:

  • Buy and sell stocks, bonds, commodity futures, foreign currencies and other securities at stock exchanges on behalf of investment dealers
  • Develop trading strategies by reviewing investment information and monitoring market conditions from the exchange floor and through contact with trading departments of other investment firms, pension fund managers and investment company financial analysts
  • Make bids and offers to buy and sell securities and complete details of sales on exchange trade tickets
  • Prepare reviews of portfolios' positions.

Additional information

  • Progression to related management positions is possible with experience.

Similar occupations classified elsewhere

Exclusions:

  • Financial and investment analysts (11101)
  • Insurance, real estate and financial brokerage managers (10020)
  • Other financial officers (11109)

NOC hierarchy breakdown

NOC version

NOC 2021 Version 1.0

Broad occupational category

1 – Business, finance and administration occupations

TEER

1 – Occupations usually require a university degree

Major group

11 – Professional occupations in finance and business

Sub-major group

111 – Professional occupations in finance

Minor group

1110 – Auditors, accountants and investment professionals

Unit group

11103 – Securities agents, investment dealers and brokers

Occupational profile

11103.02 – Brokers

O*NET in-it

This page includes information from the O*NET 27.2 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA). Used under the CC BY 4.0 license. O*NET® is a trademark of USDOL/ETA. Employment and Social Development Canada has modified all or some of this information. USDOL/ETA has not approved, endorsed, or tested these modifications.