Post job

Commodity broker vs bond trader

The differences between commodity brokers and bond traders can be seen in a few details. Each job has different responsibilities and duties. Additionally, a bond trader has an average salary of $109,526, which is higher than the $63,317 average annual salary of a commodity broker.

The top three skills for a commodity broker include commodities, market analysis and risk management. The most important skills for a bond trader are bonds, treasury, and fixed income.

Commodity broker vs bond trader overview

Commodity BrokerBond Trader
Yearly salary$63,317$109,526
Hourly rate$30.44$52.66
Growth rate10%10%
Number of jobs1,937567
Job satisfaction--
Most common degreeBachelor's Degree, 77%Bachelor's Degree, 79%
Average age4343
Years of experience--

Commodity broker vs bond trader salary

Commodity brokers and bond traders have different pay scales, as shown below.

Commodity BrokerBond Trader
Average salary$63,317$109,526
Salary rangeBetween $39,000 And $102,000Between $62,000 And $190,000
Highest paying CityNew York, NY-
Highest paying stateNew York-
Best paying companyICAP-
Best paying industryFinance-

Differences between commodity broker and bond trader education

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

Commodity BrokerBond Trader
Most common degreeBachelor's Degree, 77%Bachelor's Degree, 79%
Most common majorBusinessFinance
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Commodity broker vs bond trader demographics

Here are the differences between commodity brokers' and bond traders' demographics:

Commodity BrokerBond Trader
Average age4343
Gender ratioMale, 82.6% Female, 17.4%Male, 81.0% Female, 19.0%
Race ratioBlack or African American, 5.7% Unknown, 4.1% Hispanic or Latino, 12.0% Asian, 9.8% White, 68.2% American Indian and Alaska Native, 0.2%Black 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%
LGBT Percentage6%6%

Differences between commodity broker and bond trader duties and responsibilities

Commodity broker example responsibilities.

  • Manage and execute physical/financial grains book as well as base metal arbitrage portfolio.
  • Trade on the NYFE, CME, and CBOT exchanges.
  • Provide research and analysis of prospective exchange trade funds for listing on the AMEX.
  • Support the firm's compliance director with records verification pertaining to audits, inquiries, and questions concerning NYSE floor operations.
  • Reorganize the UBS NYSE floor structure utilizing state-of-the-art technology and consolidating booth spaces.
  • Solicit profitable freight brokerage business by marketing transportation capability via direct sales calls, telephone and direct mail marketing activity.
  • Show more

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

Commodity broker vs bond trader skills

Common commodity broker skills
  • Commodities, 17%
  • Market Analysis, 8%
  • Risk Management, 5%
  • Technical Analysis, 4%
  • Client Accounts, 4%
  • NFA, 4%
Common bond trader skills
  • Bonds, 22%
  • Treasury, 13%
  • Fixed Income, 11%
  • Securities, 11%
  • Trade Ideas, 5%
  • Hedge Funds, 5%