Google Links

Follow the links below to find material targeted to the unit's elements, performance criteria, required skills and knowledge

Elements and Performance Criteria

1. Analyse client position, risks and needs
   • Obtain and confirm client needs and objectives
   • Obtain and analyse market and product data relevant to client needs and objectives
   • Analyse market opportunities for client using appropriate analytical tools and methodologies
   • Identify and justify trading opportunities for client as required
2. Develop trading strategy and manage risk in transactions
   • Identify risks in strategy to both client and organisation
   • Discuss risks with client and appropriate organisational personnel and make decision on whether to proceed or adjust strategy
   • Finalise strategy in accordance with organisation’s policy, procedures and the legal and regulatory framework
3. Execute trading strategies for client
   • Agree and set entry and exit levels and conditions for proposed strategy
   • Identify appropriate order types or limit types for executing strategy and confirm order details with client
   • Undertake ongoing monitoring for client, including adjusting trading strategy where warranted

Performance Evidence

Evidence of the ability to:

apply compliance requirements for organisational and industry financial trading procedures

analyse needs to develop appropriate strategies to suit circumstances using appropriate tools and techniques.

Note: If a specific volume or frequency is not stated, then evidence must be provided at least once.

---

Knowledge Evidence

To complete the unit requirements safely and effectively, the individual must:

compare and contrast financial products that can be traded

outline a range of analytical tools and methodologies that can be used to analyse market opportunities, including quantitative and qualitative approaches

determine the relevant financial risk management factors at a client and organisational level, and discuss how to incorporate these into the strategy

describe appropriate financial trading reporting procedures and documentation

detect which relevant financial trading systems need to be used for strategy developed.

---