Securities and Commodities Traders buy and sell securities and commodities to transfer debt, capital, or risk. Establish and negotiate unit prices and terms of sale.
- Make bids or offers to buy or sell securities.
- Monitor markets or positions.
- Agree on buying or selling prices at optimal levels for clients.
- Buy or sell stocks, bonds, commodity futures, foreign currencies, or other securities on behalf of investment dealers.
Securities and Commodities Traders with little to no experience tend to make between $34360 and $42650 while the more experienced ones can earn over $123320 per year.
|Top 5 paying states||Hourly||Annual|
One of the easiest ways to increase your salary as a Securities and Commodities Trader is to move to a higher paying state like NY. Right now, the highest paying states for Securities and Commodities Traders are NY, CT, MA, SD and KS.
However, a higher pay at NY doesn’t guarantee that you will make more because the living expenses at NY might be twice as high than where you are currently at now.
Three other factors that can increase your salary as a Securities and Commodities Trader is the degree you hold, the industry you work in, and lastly the company you work for.
We asked other Securities and Commodities Traders what degree they had when they got the job and most of them said they had a Bachelor’s Degree followed by a High School Diploma.
Other than that, we also asked them what did they major in and here are the most popular majors that came up.
|Financial Planning and Services|
|Investments and Securities|
|Business and Personal/Financial Services Marketing Operations|
Pros and Cons
Here are some of the pros and cons of being a Securities and Commodities Trader.
|Suitable for people who likes to start and carry out projects|
|Suitable for people who values achievements and are results-oriented|
|It is easy to get into this career. Some previous work-related skill, knowledge, or experience is required to get started.|
|One of the highest paid careers in the world|
|Not suitable for people who likes to work with designs|
What is the job like
63% of Securities and Commodities Traders said they were satisfied with their job and 42% said they feel like their job is making other people’s lives better.
Is this right for me
You can read more about these career personality types here.
People who are suitable for this job tends to like starting up and carrying out projects. They like leading people and making many decisions. Sometimes they require risk taking and often deal with business..
They also like following set procedures and routines. They like working with data and details more than with ideas.
sell or solicit advertising space, time, or media in publications, signage, TV, radio, or the Internet. Includes individuals who obtain leases for outdoor advertising sites or persuade retailers to use sales promotion display items.
exchange coins, tokens, and chips for patrons' money. May issue payoffs and obtain customer's signature on receipt. May operate a booth in the slot machine area and furnish change persons with money bank at the start of the shift, or count and audit money in drawers.
sell business goods or services, the selling of which requires a technical background equivalent to a baccalaureate degree in engineering.
operate real estate office, or work for commercial real estate firm, overseeing real estate transactions. Other duties usually include selling real estate or renting properties and arranging loans.
receive orders, generally in person, for repairs, rentals, and services. May describe available options, compute costs, and accept payment.
Related career information
Securities and Commodities Traders job description, Securities and Commodities Traders salary, Securities and Commodities Traders information, what is the job of a Securities and Commodities Trader like, pros and cons about Securities and Commodities Traders, colleges and universities for Securities and Commodities Traders, is Securities and Commodities Traders the right career for me, careers in Sales and Marketing
Bank and Savings Securities Trader, Block Trader, Bond Trader, Broker, Commodities Trader, Commodity Trader, Corporate Bond Trader, Equities Trader, Equity Trader, Fixed Income Director