There is more than meets the eye when it comes to being a floor trader. For example, did you know that they make an average of $44.64 an hour? That's $92,860 a year!
Between 2018 and 2028, the career is expected to grow 4% and produce 18,500 job opportunities across the U.S.
There are certain skills that many floor traders have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed analytical skills, customer-service skills and detail oriented.
When it comes to the most important skills required to be a floor trader, we found that a lot of resumes listed 31.8% of floor traders included futures markets, while 8.8% of resumes included market research, and 7.5% of resumes included cme. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the floor trader job title. But what industry to start with? Most floor traders actually find jobs in the finance and media industries.
If you're interested in becoming a floor trader, one of the first things to consider is how much education you need. We've determined that 76.1% of floor traders have a bachelor's degree. In terms of higher education levels, we found that 8.5% of floor traders have master's degrees. Even though most floor traders have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a floor trader. When we researched the most common majors for a floor trader, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on floor trader resumes include associate degree degrees or high school diploma degrees.
You may find that experience in other jobs will help you become a floor trader. In fact, many floor trader jobs require experience in a role such as clerk. Meanwhile, many floor traders also have previous career experience in roles such as trader or floor broker.
Tell us your goals and we'll match you with the right jobs to get there.
In addition to switching up your job search, it might prove helpful to look at a career path for your specific job. Now, what's a career path you ask? Well, it's practically a map that shows how you might advance from one job title to another. Our career paths are especially detailed with salary changes. So, for example, if you started out with the role of trader you might progress to a role such as finance advisor eventually. Later on in your career, you could end up with the title senior sales executive.
Tell us your goals and we'll match you with the rights job to get there.
Use Zippia's Salary Calculator to see how your pay matches up.
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The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 31.8% of floor traders listed futures markets on their resume, but soft skills such as analytical skills and customer-service skills are important as well.