Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between floor brokers and floor traders can be seen in a few details. Each job has different responsibilities and duties. Additionally, a floor trader has an average salary of $102,024, which is higher than the $70,084 average annual salary of a floor broker.
The top three skills for a floor broker include customer orders, NYSE and order flow. The most important skills for a floor trader are futures markets, CME, and equity options.
| Floor Broker | Floor Trader | |
| Yearly salary | $70,084 | $102,024 |
| Hourly rate | $33.69 | $49.05 |
| Growth rate | 10% | 10% |
| Number of jobs | 18,097 | 33,369 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 82% | Bachelor's Degree, 81% |
| Average age | 43 | 43 |
| Years of experience | 6 | - |
Floor brokers and floor traders have different pay scales, as shown below.
| Floor Broker | Floor Trader | |
| Average salary | $70,084 | $102,024 |
| Salary range | Between $41,000 And $117,000 | Between $59,000 And $174,000 |
| Highest paying City | - | - |
| Highest paying state | - | - |
| Best paying company | - | - |
| Best paying industry | - | - |
There are a few differences between a floor broker and a floor trader in terms of educational background:
| Floor Broker | Floor Trader | |
| Most common degree | Bachelor's Degree, 82% | Bachelor's Degree, 81% |
| Most common major | Finance | Finance |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between floor brokers' and floor traders' demographics:
| Floor Broker | Floor Trader | |
| Average age | 43 | 43 |
| Gender ratio | Male, 89.7% Female, 10.3% | Male, 94.8% Female, 5.2% |
| Race ratio | Black or African American, 5.8% Unknown, 4.1% Hispanic or Latino, 12.2% Asian, 10.2% White, 67.4% 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 Percentage | 6% | 6% |