Commodity broker vs energy derivatives trader

The differences between commodity brokers and energy derivatives traders can be seen in a few details. Each job has different responsibilities and duties. Additionally, an energy derivatives trader has an average salary of $117,470, 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 an energy derivatives trader are derivative, futures contracts, and interest rates.

Commodity broker vs energy derivatives trader overview

	Commodity Broker	Energy Derivatives Trader
Yearly salary	$63,317	$117,470
Hourly rate	$30.44	$56.48
Growth rate	10%	10%
Number of jobs	1,937	3,125
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 77%	Bachelor's Degree, 79%
Average age	43	43
Years of experience	-	-

Commodity broker vs energy derivatives trader salary

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

	Commodity Broker	Energy Derivatives Trader
Average salary	$63,317	$117,470
Salary range	Between $39,000 And $102,000	Between $69,000 And $197,000
Highest paying City	New York, NY	New York, NY
Highest paying state	New York	New York
Best paying company	ICAP	MUFG EMEA
Best paying industry	Finance	Agriculture

Differences between commodity broker and energy derivatives trader education

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

	Commodity Broker	Energy Derivatives Trader
Most common degree	Bachelor's Degree, 77%	Bachelor's Degree, 79%
Most common major	Business	Finance
Most common college	University of Pennsylvania	-

Commodity broker vs energy derivatives trader demographics

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

	Commodity Broker	Energy Derivatives Trader
Average age	43	43
Gender ratio	Male, 82.6% Female, 17.4%	Male, 92.6% Female, 7.4%
Race ratio	Black 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, 5.5% Unknown, 4.1% Hispanic or Latino, 11.4% Asian, 12.3% White, 66.5% American Indian and Alaska Native, 0.2%
LGBT Percentage	6%	6%

Differences between commodity broker and energy derivatives 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.

Energy derivatives trader example responsibilities.

Lead a team of four traders and two assistant traders in the CME silver options market.
Manage broking and trading teams, expanding customer base and successfully trading IPE and NYMEX energy option contracts.
Trade equity index futures and identify arbitrage opportunities in relate securities.
Full time investor primarily in equities, futures and their derivatives.
Make markets in various OTC trade options in combination with list options trade on the NYMEX.
Price options on equities, indexes, and ADR's-both list and OTC- for customers as well as professionals.

Commodity broker vs energy derivatives trader skills

Common commodity broker skills

Commodities, 17%
Market Analysis, 8%
Risk Management, 5%
Technical Analysis, 4%
Client Accounts, 4%
NFA, 4%

Common energy derivatives trader skills

Derivative, 22%
Futures Contracts, 7%
Interest Rates, 5%
P/L, 5%
Fixed Income, 4%
VBA, 4%

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Commodity Broker vs Energy Derivatives Trader

Updated January 8, 2025

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