A Trader, Fixed Income earns an average salary of $73,086 per year. Most people move on to other jobs if they have more than 20 years' experience in this career. For the first five to ten years in this position, salary increases sharply, but any additional experience does not have a big effect on 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).
$49,589 - $149,517
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 84
Job Description for Trader, Fixed Income
Monitor market news and conditions to support advisors and their clients.
Seek business opportunities with potential fixed income clients.
Stay current with security industry rules and regulations, policies and procedures regarding the securities industry.
Buy and sell (trade) securities on behalf of clients on fixed incomes.
Understand various securities instruments including derivatives, hedge funds and shorting.