foreign exchange brokertostock trader
A foreign exchange broker already meets 69% of what the stock trader role asks for. The move turns on 3 required skills not yet in the profile.
69%
33.2/ 100
1 Share of the stock trader role’s weighted skill requirement already met by the foreign exchange broker profile. Required skills count in full, supplementary skills at 0.35. Directional: the figure for the reverse move differs. 2 Combines what is missing with how specialised it is, so a gap of general skills scores easier than the same number of narrow ones.
Why this move works
A stock trader role treats 13 of its required skills as things a foreign exchange broker already does. These are the ones it depends on most.
- actuarial science
- analyse economic trends
- analyse market financial trends
- economics
- financial jurisdiction
- financial markets
What stands in the way is 3 required skills the profile does not yet cover. Table 3 groups them; Table 4 says which to take first.
Table 2 · What you already bring
Of the 19 skills that carry over, these are the ones fewest other occupations ask for. A stock trader role needs them, and most people applying for one will not have them already. This is the part of a foreign exchange broker background worth leading with.
- already held trade securities communication, collaboration and creativity
- already held perform stock valuation information skills
- already held forecast economic trends information skills
- already held provide financial product information communication, collaboration and creativity
- already held stock market business, administration and law
- already held analyse economic trends information skills
All 19 carried skills, including the 13 the stock trader role treats as required.
Table 3 · What you would need to learn
The 14 missing skills fall into 4 areas of the ESCO skill hierarchy, numbered below in the order worth working in: the areas carrying the most required skills come first, and inside each one the required skills sit above the supplementary ones.
- required, not held asset management required
- required, not held modern portfolio theory required
- optional, not held cryptocurrency optional
- optional, not held fundamental analysis optional
- optional, not held holding company activities optional
- optional, not held funding methods optional
- optional, not held tax legislation optional
- required, not held trading software required
- optional, not held examine credit ratings optional
- optional, not held maintain financial records optional
- optional, not held obtain financial information optional
- optional, not held synthesise financial information optional
- optional, not held create a financial plan optional
- optional, not held develop investment portfolio optional
Table 4 · Where to start
The 3 entries a stock trader role is least likely to hire without. The ordering is computed from the skill data, not from what pays.
- 01 trading software knowledge · sector specific
- 02 asset management knowledge · cross sector
- 03 modern portfolio theory knowledge · cross sector
Each entry opens a course search for that skill. Career Overlap earns nothing from these links.
Appendix · The rest of the record
All 19 skills that carry over
- already held actuarial science knowledge
- already held analyse economic trends skill
- already held analyse market financial trends skill
- already held economics knowledge
- already held financial jurisdiction knowledge
- already held financial markets knowledge
- already held financial products knowledge
- already held forecast economic trends skill
- already held handle financial transactions skill
- already held perform stock valuation skill
- already held securities knowledge
- already held stock market knowledge
- already held trade securities skill
- already held accounting knowledge
- already held advise on financial matters skill
- already held banking activities knowledge
- already held provide financial product information skill
- already held statistics knowledge
- already held trace financial transactions skill
11 supplementary skills, helpful but not required
- optional, not held cryptocurrency optional
- optional, not held fundamental analysis optional
- optional, not held holding company activities optional
- optional, not held create a financial plan optional
- optional, not held develop investment portfolio optional
- optional, not held examine credit ratings optional
- optional, not held funding methods optional
- optional, not held maintain financial records optional
- optional, not held obtain financial information optional
- optional, not held synthesise financial information optional
- optional, not held tax legislation optional
16 held skills the stock trader role does not ask for
- not needed by the target role analyse financial risk skill
- not needed by the target role apply technical communication skills skill
- not needed by the target role build business relationships skill
- not needed by the target role commercial law knowledge
- not needed by the target role communicate with banking professionals skill
- not needed by the target role foreign valuta knowledge
- not needed by the target role international commercial transactions rules knowledge
- not needed by the target role international trade knowledge
- not needed by the target role maintain records of financial transactions skill
- not needed by the target role monitor stock market skill
- not needed by the target role negotiate with stakeholders skill
- not needed by the target role operate financial instruments skill
- not needed by the target role perform financial risk management in international trade skill
- not needed by the target role protect client interests skill
- not needed by the target role review investment portfolios skill
- not needed by the target role trade foreign currencies skill
8 gaps that are knowledge rather than practice
Knowledge gaps usually close through study. Practical skill gaps usually need something you can point at.
- required, not held trading software required
- required, not held asset management required
- required, not held modern portfolio theory required
- optional, not held cryptocurrency optional
- optional, not held fundamental analysis optional
- optional, not held holding company activities optional
- optional, not held funding methods optional
- optional, not held tax legislation optional
Other moves recorded from foreign exchange broker
How this record was compiled
Both occupations are taken from ESCO, which lists the skills and knowledge each occupation is expected to have and marks every one required or optional. Nothing here is a prediction about hiring, and nothing here knows that a particular employer wants a particular certificate. Treat Table 3 as a starting point for your own research rather than a syllabus. The full method states what these figures can and cannot tell you.