Elements and Performance Criteria
- Relate financial markets information to operational roles
- The different financial market sectors that occur within the financial market are recognised and related appropriately to the financial markets operational role
- The relationship between financial market sectors, participants and the economy is understood and applied consistently
- Clear and quantifiable parameters are set for the identification and sourcing of information in accordance with legislative and organisational requirements
- Market information and data is accessed and interpreted in terms of validity, reliability and relevance to defined operational tasks
- Interpret market information and assess risk
- Economic trends and market developments are identified and evaluated in terms of potential implications and impacts on operations, including compliance with relevant legislation
- Potential operational risk for the organisation and clients is identified and contingencies to manage risk determined in accordance with organisational and industry standards
- Sound judgement is used to ensure consistency of interpretations based on available information sources
- Apply market data
- Market performance, trends and risk identification are prioritised and associated with operational tasks
- Market data is applied to the operational role and any issues requiring supervision or guidance are reported to relevant persons in accordance with organisational requirements
- The operational application of market information and data is in accordance with the relevant legal and ethical constraints and organisational requirements