Unit of competency Outline

Date retreived
23/07/2026 1:24 PM AWST

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Interpret financial markets information

Interpret financial markets information

Unit of competency
National Code
FNSFMK403
State Code
AUR05
TGA Status
Current
DTWD Status
Approved
Current Release Number
1.00
Current Release Date
25/03/2015
View on TGA
State Implementation and Classification
Approved Date
16/09/2015
Field of Education
081101 - Banking And Finance
Original Release Date
16/09/2015
Nominal Hours
35
Description
This unit describes the skills and knowledge required to access, interpret and analyse relevant aspects of market information to inform operational functions and identify and assess risks in dealing with financial transactions and settlements.It applies to individuals who use specialised knowledge, systematic approaches and analytical skills to make judgements to support the organisation’s operational requirements.No licensing, legislative or certification requirements apply to this unit at the time of publication.
Notes
Elements and Performance Criteria
1. Relate financial markets information to operational roles
  • 1.1 Recognise different sectors that occur within the financial market and relate appropriately to financial market’s operational role
  • 1.2 Consistently apply knowledge of relationship between financial market sectors, participants and the economy
  • 1.3 Set clear and quantifiable parameters for identification and sourcing of information in accordance with legislative and organisational requirements
  • 1.4 Access and interpret market information and data in terms of validity, reliability and relevance to defined operational tasks
2. Interpret market information and assess risk
  • 2.1 Identify and evaluate economic trends and market developments in terms of potential implications and impacts on operations, including compliance with relevant legislation
  • 2.2 Identify potential operational risk for organisation and clients, and determine contingencies to manage risk in accordance with organisational and industry standards
  • 2.3 Use sound judgement to ensure consistency of interpretations based on available information sources
3. Apply market data
  • 3.1 Prioritise market performance, trends and risk identification associated with operational tasks
  • 3.2 Apply market data to operational role and report any issues requiring supervision or guidance to relevant persons in accordance with organisational requirements
  • 3.3 Apply market information and data to operations in accordance with relevant legal and ethical constraints and organisational requirements
No information
No information
Replaces
State Code National Code Title Type
D4122 FNSFMK403A Interpret financial markets information Unit of competency