24152

Foreign exchange broker

Foreign exchange broker buys and sells foreign currencies on behalf of his/her clients on a commission basis. He/she executes trading activities as per clients’ instructions. He/she also undertakes technical analysis of economic information, such as market liquidity and volatility, to predict the future rates of currencies on the foreign exchange market.

SSOC hierarchy Crosswalks

Level

unit

Mapped ISCO

Source

SingStat

In this unit group: sibling units

unit-group 2415 Securities and Finance Brokers unit 24151 Securities/Finance broker unit 24153 Financial derivatives broker unit 24154 Commodities/Freight derivatives broker unit 24159 Securities/Finance broker n.e.c.

Official data

Official name	Singapore Standard Industrial Classification (SSOC 2024)
Issuing authority	Department of Statistics Singapore (SingStat / DOS)
Tax authority	Inland Revenue Authority of Singapore (IRAS) (IRAS)
Purpose	Classifies occupations in Singapore for labour statistics, workforce planning, and international reporting.
Active version	SSOC 2024 (21 Mar 2024)
Hierarchy level	Unit (final leaf, 5-digit)
Source	https://www.singstat.gov.sg/standards/standards-and-classifications/ssic
Prior versions	SSIC 2020, SSIC 2015

Definition & tasks

Tasks

No tasks listed.

Examples

Under this unit

• Money broker

Elsewhere

No exclusion examples found.

Hierarchy context

2→24→241→2415→24152 Foreign exchange broker

Major group

2 PROFESSIONALS

Sub-major

24 BUSINESS AND ADMINISTRATION PROFESSIONALS

Minor group

241 FINANCE PROFESSIONALS

Unit group

2415 Securities and Finance Brokers

Correspondence tables

SSOC 2020

24152 — Foreign exchange broker

ISCO-08

3311 — Securities and finance dealers and brokers

Alphabetical index entries

Principal Title 24152 Foreign exchange broker Alternative Title 24152 Money broker

Data source: Department of Statistics Singapore (SingStat / DOS) (https://www.singstat.gov.sg/standards/standards-and-classifications/ssic). Official SSOC 2024 workbooks.

Last refresh: 21 Mar 2024. Version: SSOC 2024.

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