Be a commodities trader - Forums Forums  

Go Back Forums > The Discussion Forums: > Income and Jobs

Income and Jobs Discuss jobs, career options and of course salaries

Be a commodities trader

Thread Tools
  #1 (permalink)  
Old 10-05-2007, 10:04 PM
Posts: n/a
Default Be a commodities trader

SMU has launched a course in commodities trading for its students, reported the Business Times today.

Students get to learn about things like agri-commodities, oil and energy products, transhipment of commodities, financing, and management of credit and operational risks.

I think it's a good start.

As mentioned previously in the top 100 jobs in Singapore, the 75th-percentile commodities futures broker can make $10,000 per month. And this excludes bonuses and commissions.

Reply With Quote
  #2 (permalink)  
Old 15-05-2007, 06:33 PM
Posts: n/a
Default 39

Hi there,

Am working as an IT manager for 5years now and thinking of switching to another job nature. What qualifications/education/knowledge do I have to pursue to become a commodities trader?

Looking forward to your reply.


Reply With Quote
  #3 (permalink)  
Old 15-05-2007, 07:51 PM
Posts: n/a
Default 40

Hi Libra,

The short answer is that if you know the right people, you can get in pretty easily. I know of airline stewardesses who switched to commodities trading simply because of friends' recommendations.

Qualifications are secondary. Really.

So, do you have friends in this line who can help you?

Wishing you all the best.

Reply With Quote
  #4 (permalink)  
Old 01-06-2007, 01:32 AM
Posts: n/a
Default 144

Commodities TRADER and commodities BROKER and 2 VERY different jobs...
Reply With Quote
  #5 (permalink)  
Old 20-06-2007, 12:45 AM
Alan Tan---
Posts: n/a
Default 248

Hi there,
I am an engineer. Decides for a career switch. I knew that academic qualifications are secondary to become a commodities trader. But that could also work against me, cause there is nothing you can work towards to embark on this career. Usually people who get into this lines are through friends. If a company is looking for one, usually it must come with prior experience. I would like to learn more about this line. Please revert. Thanks.

Alan Tan
Reply With Quote
  #6 (permalink)  
Old 21-06-2007, 12:44 AM
Posts: n/a
Default 249

Hi Alan, it's quite hard if you do not know of people who can pull you in.
If money is the motivation (nothing wrong with that), you might wish to look at alternative income sources while "working towards" or simply waiting for the commodities opportunity to happen.
Or you can further your education, not just for education's sake, but more for the purpose of knowing more people.
Reply With Quote

  #7 (permalink)  
Old 29-05-2008, 08:36 PM
Modern Man---
Posts: n/a
Default 1802

Can someone enlighten me what is the differences between trader,broker and dealer?
Reply With Quote
  #8 (permalink)  
Old 22-07-2008, 04:48 AM
Posts: n/a
Default 2256

hi can i know what should I do to have a head start to become a trader
Reply With Quote
  #9 (permalink)  
Old 05-08-2008, 03:24 PM
Posts: n/a
Default 2369

A broker is a middleman.
A trader on the other hand does trading on commodities (buy\sell)
There are 2 types of traders. Proprietary traders and market traders
Prop traders basically buy\sell accordin to what they think will be profitable.
Market traders maximise profits from trade requirements set by their sales team.
Dealer is usually an interchangeable term for trader.
Reply With Quote
  #10 (permalink)  
Old 23-08-2008, 02:57 PM
Posts: n/a
Default 2476


Can I check are there any difference between start point 1: Students get to learn about things like agri-commodities, oil and energy products, transhipment of commodities, financing, and management of credit and operational risks.

start point 2; commodities futures broker
Reply With Quote


« Previous Thread | Next Thread »
Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Junior Trader Makes $200k Income and Jobs 12 10-06-2014 11:23 AM

» 30 Recent Threads
Civil Service Performance Bonus ( 1 2 3... Last Page)
1,581 Replies, 1,226,605 Views
Casino Regulatory Authority
3 Replies, 4,262 Views
Lawyer Salary ( 1 2 3... Last Page)
5,010 Replies, 2,190,874 Views
Job offer from Apple ( 1 2 3... Last Page)
427 Replies, 71,954 Views
Summer Internships 2020 ( 1 2 3... Last Page)
37 Replies, 1,470 Views
Compare civil service salary ( 1 2 3... Last Page)
9,149 Replies, 5,288,745 Views
Local Uni Class of 2020 - COVID19... ( 1 2 3... Last Page)
48 Replies, 6,270 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
879 Replies, 717,417 Views
Career as Teacher ( 1 2 3... Last Page)
2,427 Replies, 1,484,793 Views
MAS : Mid Career Professionals ( 1 2 3... Last Page)
123 Replies, 95,504 Views
Life as a ICA Senior Officer ( 1 2 3... Last Page)
104 Replies, 121,368 Views
Anyone jobless for a long time... ( 1 2 3... Last Page)
2,699 Replies, 1,014,563 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
2,978 Replies, 1,801,854 Views
Chevron COBRA assesment, please... ( 1 2)
18 Replies, 48,909 Views
Marsh Graduate Development Program ( 1 2)
15 Replies, 1,302 Views
How much are you earning per annum? ( 1 2 3... Last Page)
11,868 Replies, 3,647,939 Views
SPF (Direct-Entry Inspector) ( 1 2)
11 Replies, 1,923 Views
OCBC Graduate Talent Programme... ( 1 2 3... Last Page)
251 Replies, 75,773 Views
Constituency Manager (People... ( 1 2 3... Last Page)
854 Replies, 429,816 Views
Fresh Grad from local U cant find... ( 1 2 3... Last Page)
40 Replies, 4,304 Views
Job Application with MOE... ( 1 2 3... Last Page)
203 Replies, 197,380 Views
What are your Job benefits ( 1 2)
14 Replies, 6,958 Views
What course should I undertake?
8 Replies, 3,132 Views
Big 4 firm rescind offers ( 1 2 3... Last Page)
54 Replies, 13,304 Views
Our Poll Results: 45% Fresh... ( 1 2 3)
29 Replies, 15,914 Views
What is the usual salary for...
4 Replies, 1,977 Views
Q: Management Associate at SGX ( 1 2)
16 Replies, 6,272 Views
Insurance Management Associate... ( 1 2 3... Last Page)
30 Replies, 12,305 Views
Career at Keppel
3 Replies, 371 Views
Powered by vBadvanced CMPS v3.2.2

All times are GMT +8. The time now is 07:25 PM.

Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2