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Commodity trader vs block trader

The differences between commodity 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 $93,220 average annual salary of a commodity trader.

Commodity trader vs block trader overview

Commodity TraderBlock Trader
Yearly salary$93,220$111,384
Hourly rate$44.82$53.55
Growth rate10%10%
Number of jobs10,906567
Job satisfaction--
Most common degreeBachelor's Degree, 77%Bachelor's Degree, 88%
Average age4343
Years of experience--

Commodity trader vs block trader salary

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

Commodity TraderBlock Trader
Average salary$93,220$111,384
Salary rangeBetween $55,000 And $156,000Between $63,000 And $195,000
Highest paying CityStamford, CT-
Highest paying stateNew Hampshire-
Best paying companyThe Citadel-
Best paying industryFinance-

Differences between commodity trader and block trader education

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

Commodity TraderBlock Trader
Most common degreeBachelor's Degree, 77%Bachelor's Degree, 88%
Most common majorFinanceFinance
Most common collegeUniversity of PennsylvaniaUniversity of Southern California

Commodity trader vs block trader demographics

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

Commodity TraderBlock Trader
Average age4343
Gender ratioMale, 87.3% Female, 12.7%Male, 89.5% Female, 10.5%
Race ratioBlack or African American, 5.5% Unknown, 4.1% Hispanic or Latino, 11.3% Asian, 12.2% White, 66.7% 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 commodity trader and block trader duties and responsibilities

Commodity trader example responsibilities.

  • Trade, build, manage, and modele interest rate derivative positions via exchange floor
  • Manage and execute physical/financial grains book as well as base metal arbitrage portfolio.
  • Manage procurement and sales of bulk grains and agricultural commodities for redistribution into local dairy operations in Idaho.
  • Trade a variety of investment vehicles including commodity futures, FOREX and equities.
  • Develop automated and discretionary trading systems for currency, commodity futures, and equities markets.
  • Assist in audits from FINRA at corporate and branch levels.
  • 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.

Commodity trader vs block trader skills

Common commodity trader skills
  • Commodities, 14%
  • Commodity Trading, 11%
  • Logistics, 11%
  • Market Trends, 9%
  • Derivative, 6%
  • Financial Markets, 5%
Common block trader skills