Roles and responsibilities of stock brokers
If you've ever seen stockbrokers in the movies, it's easy to assume they spend their days just shouting "buy buy" or "sell sell" down the phone. Your role in a stockbroker job is to manage the financial portfolio of your client; so this could be an individual or a company. Successful brokers are quick thinking, full of bright ideas and not afraid to make risky decisions in an instant.
Not for people that can't wake up in the mornings , traders at the London Stock Exchange clock in at 8am, so you would normally be at your desk by 7am, so remember to set your alarm.
The London Stock Exchange closes at 4. Career progression is great in this career, and with enough hard work you could become a This can be a very lucrative career.
Broker-Dealer
See what people are earning in this job. The buzz of making thousands of pounds at the click of a button The generous salary and bonuses help too. One mistake and it could all come crashing down around you Also, as the role demands you react quickly to the fluctuations of the market, part-time hours and flexible working isn't a realistic option.
Although there are no set qualifications if you want to become a stockbroker, most employers will expect you to have a degree or, even better, a post-graduate qualification such as an MSc or MBA.
To become a fully-qualified stockbroker you need to be registered with the Financial Services Authority FSA which involves passing an exam approved by the FSA. Find a course at our Learning Zone. It also helps if you have: Language skills can also be an advantage if you want to work with overseas clients.
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Stock Brokers’ and Investment Advisors’ Duties to Clients
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