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Hedge fund trader vs block trader

The differences between hedge fund traders and block traders can be seen in a few details. Each job has different responsibilities and duties. Additionally, a hedge fund trader has an average salary of $117,549, which is higher than the $111,384 average annual salary of a block trader.

Hedge fund trader vs block trader overview

Hedge Fund TraderBlock Trader
Yearly salary$117,549$111,384
Hourly rate$56.51$53.55
Growth rate10%10%
Number of jobs12,689567
Job satisfaction--
Most common degreeBachelor's Degree, 84%Bachelor's Degree, 88%
Average age4343
Years of experience--

Hedge fund trader vs block trader salary

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

Hedge Fund TraderBlock Trader
Average salary$117,549$111,384
Salary rangeBetween $68,000 And $201,000Between $63,000 And $195,000
Highest paying City--
Highest paying state--
Best paying company--
Best paying industry--

Differences between hedge fund trader and block trader education

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

Hedge Fund TraderBlock Trader
Most common degreeBachelor's Degree, 84%Bachelor's Degree, 88%
Most common majorFinanceFinance
Most common collegeUniversity of PennsylvaniaUniversity of Southern California

Hedge fund trader vs block trader demographics

Here are the differences between hedge fund traders' and block traders' demographics:

Hedge Fund TraderBlock Trader
Average age4343
Gender ratioMale, 65.8% Female, 34.2%Male, 89.5% Female, 10.5%
Race ratioBlack or African American, 5.4% Unknown, 4.1% Hispanic or Latino, 11.2% Asian, 12.2% White, 66.8% 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 Percentage6%6%

Differences between hedge fund trader and block trader duties and responsibilities

Hedge fund trader example responsibilities.

  • Manage business, sales, marketing, international negotiation and communication for a commodities business.
  • Trade ETF baskets base on NYSE floor position (long/short).
  • Assist with the conversion of all securities to trade directly through the NSCC.
  • Perform critical maintenance of new & existing securities in multiple operational systems by using Bloomberg.
  • Cull derivative data to profit from emerging trends.
  • Backtest various volatility strategies in equities and ETFs.
  • Show more

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.

Hedge fund trader vs block trader skills

Common hedge fund trader skills
  • Hedge Funds, 15%
  • Macro, 14%
  • Derivative, 8%
  • Fixed Income, 7%
  • Bloomberg, 7%
  • Inbound Calls, 5%
Common block trader skills