Floor trader vs block trader

The differences between floor traders and block traders can be seen in a few details. Each job has different responsibilities and duties. Additionally, a block trader has an average salary of $111,384, which is higher than the $102,024 average annual salary of a floor trader.

Floor trader vs block trader overview

	Floor Trader	Block Trader
Yearly salary	$102,024	$111,384
Hourly rate	$49.05	$53.55
Growth rate	10%	10%
Number of jobs	33,369	567
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 81%	Bachelor's Degree, 88%
Average age	43	43
Years of experience	-	-

Floor trader vs block trader salary

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

	Floor Trader	Block Trader
Average salary	$102,024	$111,384
Salary range	Between $59,000 And $174,000	Between $63,000 And $195,000
Highest paying City	-	-
Highest paying state	-	-
Best paying company	-	-
Best paying industry	-	-

Differences between floor trader and block trader education

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

	Floor Trader	Block Trader
Most common degree	Bachelor's Degree, 81%	Bachelor's Degree, 88%
Most common major	Finance	Finance
Most common college	University of Pennsylvania	University of Southern California

Floor trader vs block trader demographics

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

	Floor Trader	Block Trader
Average age	43	43
Gender ratio	Male, 94.8% Female, 5.2%	Male, 89.5% Female, 10.5%
Race ratio	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%	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 Percentage	6%	6%

Differences between floor trader and block trader duties and responsibilities

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.

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.

Floor trader vs block trader skills

Common floor trader skills

Futures Markets, 31%
CME, 7%
Equity Options, 7%
NYSE, 6%
Futures Contracts, 6%
Manage Risk, 5%

Common block trader skills

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Floor Trader
Floor Trader vs Block Trader

Updated January 8, 2025

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