Trader, Equities Salary
Equities Traders in the United States take home approximately $72K annually on average. Total cash earnings of Equities Traders range from $48K on the low end to $202K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $99K and $66K, respectively. Residence is the biggest factor affecting pay for this group, followed by years of experience. The majority of Equities Traders claim high levels of job satisfaction. Among survey respondents, men are more common than women; 84 percent of Equities Traders are male. Medical benefits are awarded to most, and a majority earn dental coverage. The information for this snapshot was generated by responses to the PayScale salary survey.
|Salary||$46,190 - $145,162|
|Bonus||$2,384 - $98,633|
|Profit Sharing||$1,100 - $66,200|
|Total Pay (|
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).)
|$47,842 - $201,889|
Job Description for Trader, Equities
Equity traders are in charge of executing purchases and selling activities of equities on behalf of their company or clients. They are responsible for providing accurate advice on trading matters and explaining terms and procedures to customers. They conduct complex transactions using established guidelines and must possess strong communication skills to interact with other traders, clients, and company representatives. These traders analyze huge amounts of financial information, market research trends, and company statements to drive their recommendations and decisions.Read More...
Equity traders' primary responsibilities include exchange stocks or bonds into cash or to acquire other equities, as indicated by their company or customers. Equity traders also strive to reduce transaction costs and increase company recognition. Additionally, they manage orders and trade flow based on importance rating, as well as timing during trading hours. In addition, one of their main duties is providing investment teams with financial intelligence and expert advice as required. They strive to develop strong business relationships to increase company profitability and loyalty. Equity traders must follow trading and privacy regulations at all times.
A bachelor's degree in finance, economics, or a related field is generally required for this position. Previous experience in a trader capacity is often required or preferred as well. Equity traders need to work well in a team environment to reach all trading objectives in a timely manner, as well as be organized and pay close attention to detail. They also must have excellent multitasking abilities to handle and prioritize trading transactions effectively. They use a personal computer to keep an accurate record of their trading activities, as well as client information and financial statements.
Trader, Equities Tasks
- Conduct client transactions, such as buying and selling stock, properties, and other equity products.
- Perform transaction analysis to ensure integrity of data and compliance with all government regulations.
- Develop trading strategies and assess market trends to provide clients with accurate data.
- Evaluate market trends, trader performance, and trading strategies for financial risk.
Pay by Experience Level for Trader, Equities
Pay by Experience for a Trader, Equities has a positive trend. An entry-level Trader, Equities with less than 5 years of experience can expect to earn an average total compensation of $69,000 based on 45 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Trader, Equities with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $111,000 based on 48 salaries. An experienced Trader, Equities which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $103,000 based on 23 salaries. A Trader, Equities with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $77,000 based on 13 salaries.
Pay Difference by Location
For Equities Traders, working in the bustling city of San Francisco has its advantages, including an above-average pay rate. Equities Traders will also find cushy salaries in New York (+89 percent) and Boston (+43 percent). The smallest paychecks in the market, 17 percent south of the national average, can be found in Dallas.
Key Stats for Trader, Equities
Rated 5 out of 5
based on 12 votes.