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Day trader vs block trader

The differences between day traders and block traders can be seen in a few details. Each job has different responsibilities and duties. Additionally, a day trader has an average salary of $116,895, which is higher than the $111,384 average annual salary of a block trader.

Day trader vs block trader overview

Day TraderBlock Trader
Yearly salary$116,895$111,384
Hourly rate$56.20$53.55
Growth rate10%10%
Number of jobs3,812567
Job satisfaction5-
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 88%
Average age4343
Years of experience--

Day trader vs block trader salary

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

Day TraderBlock Trader
Average salary$116,895$111,384
Salary rangeBetween $68,000 And $198,000Between $63,000 And $195,000
Highest paying City--
Highest paying state--
Best paying company--
Best paying industry--

Differences between day trader and block trader education

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

Day TraderBlock Trader
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 88%
Most common majorBusinessFinance
Most common collegeUniversity of PennsylvaniaUniversity of Southern California

Day trader vs block trader demographics

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

Day TraderBlock Trader
Average age4343
Gender ratioMale, 90.5% Female, 9.5%Male, 89.5% Female, 10.5%
Race ratioBlack or African American, 5.5% Unknown, 4.1% Hispanic or Latino, 11.5% Asian, 12.4% White, 66.3% 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 day trader and block trader duties and responsibilities

Day trader example responsibilities.

  • Day-Trade stocks on the NASDAQ and NYSE, and achieve positive returns through an analysis of trends base on moving averages.
  • Manage business, sales, marketing, international negotiation and communication for a commodities business.
  • Trade equities and derivatives for long term investment and short term trading purposes while utilizing proper risk management
  • Engage in market speculation of various commodities, rapid scalping of mini futures contracts & ETF's.
  • Perform a financial analysis, risk assessment of various publicly trade companies on the NYSE, NASDQ and CME.
  • Enter buy/sell orders for NASDAQ stocks
  • 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.

Day trader vs block trader skills

Common day trader skills
  • Technical Analysis, 15%
  • Equities, 10%
  • Market Trends, 6%
  • Fundamental Analysis, 6%
  • Global Financial Markets, 6%
  • Risk Management, 5%
Common block trader skills