Description

The trader's assistant is accountable to perform support duties for traders. They also take part with making sure that sales are secured for a company. Their primary responsibilities include communicating with customers through telephone calls and emails to offer goods and services. They also assist in negotiating details and billing plans and processing payments. They also assist traders in conducting research and studies, as well as in preparing and processing paperwork, scheduling meetings and appointments, running the errands, and resolving problems and issues to the guidelines and policies of the company.

Roles & Responsibilities

As a Trading Assistant with 3-6 years of experience in the United Kingdom, your main responsibilities include:

  • Execute buy and sell orders on trading platforms, ensuring accurate and timely trade execution. You will be responsible for executing trade orders, ensuring that buying and selling transactions are carried out accurately and promptly on trading platforms.
  • Monitor market trends, analyze data, and create reports to provide insights to the trading team. You will closely monitor market trends, analyze relevant data, and generate reports that offer valuable insights to the trading team.
  • Manage trade settlements, ensuring all trades are successfully settled and reconciled. You will oversee the settlement process, ensuring that all trades are executed smoothly, and trade discrepancies are resolved promptly.
  • Assist with trade risk management by monitoring positions, evaluating market risks, and implementing risk mitigation strategies.

Qualifications & Work Experience

For a Trading Assistant job role, the following qualifications are required:

  • Strong knowledge of financial markets and trading strategies to assist in the execution and monitoring of trades.
  • Proficiency in utilizing trading platforms and software to analyze and make informed decisions regarding trading activities.
  • Excellent numerical and analytical skills to interpret market data, identify trends, and assess risk.
  • Effective communication and interpersonal skills to collaborate with traders, brokers, and other stakeholders, facilitating smooth trade execution and resolving issues as they arise.

Essential Skills For Trading Assistant

1

Principles of Finance

2

Trading Risk

3

Trading & Technical Analysis

Career Prospects

The Trading Assistant role in the UK, with 3-6 years of experience, offers professionals various alternative career paths. Here are following options to consider:

  • Portfolio Manager: A position that involves managing investment portfolios, analyzing market trends, and making informed investment decisions.
  • Risk Analyst: A role focused on identifying and assessing financial risks, developing risk management strategies, and implementing risk mitigation measures.
  • Compliance Officer: A position that ensures adherence to regulatory guidelines and company policies, conducts audits, and implements compliance frameworks.
  • Operations Manager: A role that oversees the operational aspects of trading activities, manages trade settlements, and implements operational efficiency measures.

How to Learn

The trading assistant job role in the United Kingdom is projected to experience significant growth in the market. Over the past 10 years, the position has witnessed steady expansion with a positive outlook for the future. According to recent data, there is an increasing demand for trading assistants, resulting in a rise in employment opportunities in the coming years. This growth is expected to continue due to the evolving nature of the financial industry and the reliance on trading support roles. Overall, the trading assistant position in the UK demonstrates favorable growth prospects and a promising career path.