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Day trader vs floor trader

The differences between day traders and floor 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 $102,024 average annual salary of a floor trader.

The top three skills for a day trader include technical analysis, equities and market trends. The most important skills for a floor trader are futures markets, CME, and equity options.

Day trader vs floor trader overview

Day TraderFloor Trader
Yearly salary$116,895$102,024
Hourly rate$56.20$49.05
Growth rate10%10%
Number of jobs3,81233,369
Job satisfaction5-
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 81%
Average age4343
Years of experience--

Day trader vs floor trader salary

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

Day TraderFloor Trader
Average salary$116,895$102,024
Salary rangeBetween $68,000 And $198,000Between $59,000 And $174,000
Highest paying City--
Highest paying state--
Best paying company--
Best paying industry--

Differences between day trader and floor trader education

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

Day TraderFloor Trader
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 81%
Most common majorBusinessFinance
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Day trader vs floor trader demographics

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

Day TraderFloor Trader
Average age4343
Gender ratioMale, 90.5% Female, 9.5%Male, 94.8% Female, 5.2%
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, 5.6% Unknown, 4.1% Hispanic or Latino, 11.7% Asian, 11.2% White, 67.2% American Indian and Alaska Native, 0.2%
LGBT Percentage6%6%

Differences between day trader and floor 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

Floor trader example responsibilities.

  • Manage business, sales, marketing, international negotiation and communication for a commodities business.
  • Lead arbitrage trader with the highest return on investment.
  • Demonstrate outstanding performance and become recognized as one of the top producing firms on the NYSE.
  • Facilitate trades, generate commission dollars, and reduce risk for clients by reflecting liquidity on the NYSE to senior traders.
  • Automate the trade allocation and reconciliation procedures using VBA programming which is leveraged to systematically detect any trade breaks or discrepancies.
  • Integrate into an existing trading pit on the CBOE, illustrating success in new, challenging work environments.

Day trader vs floor 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 floor trader skills
  • Futures Markets, 31%
  • CME, 7%
  • Equity Options, 7%
  • NYSE, 6%
  • Futures Contracts, 6%
  • Manage Risk, 5%