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Floor broker vs literary agent

The differences between floor brokers and literary agents can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a floor broker and a literary agent. Additionally, a floor broker has an average salary of $70,084, which is higher than the $37,482 average annual salary of a literary agent.

The top three skills for a floor broker include customer orders, NYSE and order flow. The most important skills for a literary agent are fiction, non-fiction, and administrative tasks.

Floor broker vs literary agent overview

Floor BrokerLiterary Agent
Yearly salary$70,084$37,482
Hourly rate$33.69$18.02
Growth rate10%10%
Number of jobs18,09728,819
Job satisfaction--
Most common degreeBachelor's Degree, 82%Bachelor's Degree, 78%
Average age4343
Years of experience66

Floor broker vs literary agent salary

Floor brokers and literary agents have different pay scales, as shown below.

Floor BrokerLiterary Agent
Average salary$70,084$37,482
Salary rangeBetween $41,000 And $117,000Between $24,000 And $57,000
Highest paying City--
Highest paying state--
Best paying company--
Best paying industry--

Differences between floor broker and literary agent education

There are a few differences between a floor broker and a literary agent in terms of educational background:

Floor BrokerLiterary Agent
Most common degreeBachelor's Degree, 82%Bachelor's Degree, 78%
Most common majorFinanceEnglish
Most common collegeUniversity of PennsylvaniaMassachusetts Institute of Technology

Floor broker vs literary agent demographics

Here are the differences between floor brokers' and literary agents' demographics:

Floor BrokerLiterary Agent
Average age4343
Gender ratioMale, 89.7% Female, 10.3%Male, 41.5% Female, 58.5%
Race ratioBlack 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, 5.9% Unknown, 4.2% Hispanic or Latino, 12.4% Asian, 9.5% White, 67.8% American Indian and Alaska Native, 0.2%
LGBT Percentage6%6%

Differences between floor broker and literary agent duties and responsibilities

Floor broker example responsibilities.

  • Retail trader, fix income securities; manage client account activity; properly allocate client funds to appropriate investment options
  • Specialize in both equities and list option trading.
  • Participate in stock index futures arbitrage program between NY and Chicago.
  • Trade proprietary money for commodities clearing house in all commodities and equities markets.
  • Well verse in the pricing and valuation of derivative securities with a strong knowledge of mathematical and statistical analysis.
  • Arbitrage duties: receive, collate, and process orders from firms and traders that brokers execute in the pit.
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Literary agent example responsibilities.

  • Schedule and meet individuals\groups for assign or self-generate leads, assist and enroll eligible individuals in suitable Medicare product.
  • Network at industry lunches and evening events on behalf of ICM.
  • Experience working with UK publishers, literary agents, and film and television production companies.
  • Perform editing services and act as agent for nonfiction business books and fiction work for other writers.
  • Acquire available life rights projects for all aspects of the company and pitch them for potential ICM represent projects.
  • Founder of a boutique literary agency specializing in literary fiction and narrative nonfiction.
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Floor broker vs literary agent skills

Common floor broker skills
  • Customer Orders, 16%
  • NYSE, 14%
  • Order Flow, 13%
  • Client Relations, 6%
  • Institutional Clients, 5%
  • Market Trends, 4%
Common literary agent skills
  • Fiction, 92%
  • Non-Fiction, 4%
  • Administrative Tasks, 4%