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Bond trader vs block trader

The differences between bond traders and block traders can be seen in a few details. Each job has different responsibilities and duties. Additionally, a block trader has an average salary of $111,384, which is higher than the $109,526 average annual salary of a bond trader.

Bond trader vs block trader overview

Bond TraderBlock Trader
Yearly salary$109,526$111,384
Hourly rate$52.66$53.55
Growth rate10%10%
Number of jobs567567
Job satisfaction--
Most common degreeBachelor's Degree, 79%Bachelor's Degree, 88%
Average age4343
Years of experience--

Bond trader vs block trader salary

Bond traders and block traders have different pay scales, as shown below.

Bond TraderBlock Trader
Average salary$109,526$111,384
Salary rangeBetween $62,000 And $190,000Between $63,000 And $195,000
Highest paying City--
Highest paying state--
Best paying company--
Best paying industry--

Differences between bond trader and block trader education

There are a few differences between a bond trader and a block trader in terms of educational background:

Bond TraderBlock Trader
Most common degreeBachelor's Degree, 79%Bachelor's Degree, 88%
Most common majorFinanceFinance
Most common collegeUniversity of PennsylvaniaUniversity of Southern California

Bond trader vs block trader demographics

Here are the differences between bond traders' and block traders' demographics:

Bond TraderBlock Trader
Average age4343
Gender ratioMale, 81.0% Female, 19.0%Male, 89.5% Female, 10.5%
Race ratioBlack or African American, 5.6% Unknown, 4.1% Hispanic or Latino, 11.8% Asian, 11.2% White, 67.0% American Indian and Alaska Native, 0.2%Black or African American, 4.3% Unknown, 4.0% Hispanic or Latino, 8.4% Asian, 9.6% White, 73.5% American Indian and Alaska Native, 0.2%
LGBT Percentage6%6%

Differences between bond trader and block trader duties and responsibilities

Bond trader example responsibilities.

  • Manage traders in training and help teach derivatives theory classes.
  • Manage risk of firm capital in directional, basis and arbitrage trading
  • Manage business, sales, marketing, international negotiation and communication for a commodities business.
  • Train junior traders on modeling and relative value analysis of convertible bonds and structure derivative arbitrage trading strategies.
  • Utilize equities and options to hedge bond risk.
  • Research equities and design trading schematic to find investment opportunities.
  • Show more

Block trader example responsibilities.

  • Communicate with brokers to ensure accurate allocations for futures, foreign exchange, and equities between separately manage accounts.
  • Screen equities for possible investments.
  • Assist senior traders on the block desk in trading all list securities.
  • Automate the trade allocation and reconciliation procedures using VBA programming which is leveraged to systematically detect any trade breaks or discrepancies.
  • Trade firm capital using a market neutral long short programme momentum proprietary trading strategy.

Bond trader vs block trader skills

Common bond trader skills
  • Bonds, 22%
  • Treasury, 13%
  • Fixed Income, 11%
  • Securities, 11%
  • Trade Ideas, 5%
  • Hedge Funds, 5%
Common block trader skills