Foreign Exchange Dealer
かわせディーラー
Industry & Occupation
Classification
- Major : Sales and Marketing Occupations
- Middle : Sales-Related Occupations
- Minor : Other Sales-Related Occupations
Summary
Specialist who buys and sells currencies in the foreign exchange market to maximize profits for banks and financial institutions.
Description
Forex dealers at financial institutions such as banks and securities companies buy and sell foreign currencies according to customer or proprietary positions, pursuing profits through spreads and market fluctuations. They monitor economic indicators, political and policy developments in real-time, analyzing markets from both technical and fundamental perspectives. In addition to trade execution, they handle risk management, position adjustments, market making, and information sharing with related departments. High concentration and quick decision-making are required, operating 24/7 to respond to markets.
Future Outlook
The digitization of forex markets and the spread of algorithmic trading are reducing manual dealing. Meanwhile, demand for dealers with advanced risk management skills and programming abilities is expected to increase.
Personality Traits
Attentive / Calm and composed / Excellent judgment / Strong sense of responsibility
Work Style
Career Path
Junior Dealer → Senior Dealer → Desk Head (Dealing Manager) → Trading Department Head → Transfer to Risk Management
Required Skills
English Document Reading / Fundamental Analysis / Risk Management / Technical Analysis / Trading Platform Operation
Recommended Skills
Data Analysis / Financial Modeling / Presentation Skills / VBA
Aptitudes (Strengths Preferred)
| Item | Description |
|---|---|
| Adaptability | Because it requires quick adaptation to changes in market conditions. |
| Analytical & Logical Thinking | Because it requires instantly analyzing and judging large amounts of market data. |
| Attention to Detail & Accuracy | Because even minor errors in order quantities or price settings can lead to significant losses. |
| Numerical & Quantitative Analysis | Because accurate statistical analysis of price fluctuations and risk calculations are required. |
| Stress Tolerance | Because the ability to respond calmly under stress involving high-value trades is essential. |
Aptitudes (Weaknesses Acceptable)
| Item | Description |
|---|---|
| Creativity & Ideation | Because the work centers on standardized analysis and rule-based operations, with relatively little need for original ideas. |
| Physical Stamina & Endurance | Because it mainly involves desk work with relatively low physical demands. |
Related Qualifications
- Securities Representative Type 1
Aliases
- FX Dealer
- Foreign Currency Dealer
- Forex Trader
Related Jobs
- Bond Dealer
- Financial Analyst
- Trader