1. Massachusetts Institute of Technology
Cambridge, MA • Private
In-State Tuition
$51,832
Enrollment
4,550
There is more than meets the eye when it comes to being a hybrid derivatives trader. For example, did you know that they make an average of $49.32 an hour? That's $102,578 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 hybrid derivatives 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.
If you're interested in becoming a hybrid derivatives trader, one of the first things to consider is how much education you need. We've determined that 80.0% of hybrid derivatives traders have a bachelor's degree. In terms of higher education levels, we found that 20.0% of hybrid derivatives traders have master's degrees. Even though most hybrid derivatives traders have a college degree, it's impossible to become one with only a high school degree or GED.
What Am I Worth?
There are several types of hybrid derivatives trader, including:
Markets are important for economic growth and industrial development in a country. However, markets cannot operate without the active participation of traders. Traders encourage a market that is efficient and robust. Just like investors, traders offer a valuable service to markets, while earning money and making profits.
Traders analyze price fluctuations, buy and sell financial equipment for their clients, and monitor stock movements. They may work as financial advisors to people who can't handle their account investments and need financial management support. Traders concentrate on both long and short-term trades, depending on the client's interests and specific requirements.
A successful trader is a highly analytical professional who knows about the financial industry and how to deal with constant market changes. Once becoming a trader, you can demand a salary of $53.26 per hour, on average. Are you intrigued by such an awesome salary? Get at least a bachelor's degree in finance or business and you can earn it as a trader.
If you love making money and doing research, an Equity Trader could be a great job for you. Equity traders do research and analysis to determine when to buy or sell shares of a company on the equities market. Duties as an equity trader also may include trading options, futures, and exchanging debt funds and other derivatives. You will need to show a high level of analytical skills, math skills, and detail-oriented skills.
To become an equity trader, you will need a bachelor's degree in business, finance, economics, or another related subject. You may need to earn a graduate degree to have more job opportunities and make more trades and money. Often employers prefer higher degrees. You will also need at least five years of experience in the financial market to be successful.
An equity trader can make an average base salary of $205,000. Also, you can add commissions to your base salary and your pay per year goes higher.
A commodity trader is an individual or business that buys and sells different commodities, including gold, oil, produce, and natural gas, just to name a few. Economic trends, market fluctuations, or arbitrage opportunities usually determine the buying and selling activities of this type of trader.
The main duties of a commodity trader are monitoring international market performance, buying and selling at prices that meet their clients' needs, providing investment advice to clients, analyzing market reports, and developing hedging strategies. A commodity trader's tasks may also include visiting international shippers and researching new business opportunities that they may come across.
This role typically entails at least a bachelor's degree, usually in finance, business, economics, and other related majors. Additionally, a commodity trader must have substantial knowledge of trading techniques, market conditions, and international trading to be successful in this role.
The average yearly salary of a commodity trader is $92,000. Traders can make even more money by making the right calls in buying and selling, as well as securing high-value clients.
Rank | State | Number of Jobs | Average Salary |
---|---|---|---|
1 | New York | 61 | $136,779 |
2 | Illinois | 45 | $80,139 |
3 | California | 42 | $87,590 |
4 | Texas | 22 | $86,878 |
5 | Florida | 19 | $65,802 |
6 | Massachusetts | 13 | $93,402 |
7 | Georgia | 12 | $91,860 |
8 | Pennsylvania | 12 | $84,463 |
9 | Ohio | 10 | $93,052 |
10 | Connecticut | 9 | $123,112 |
11 | Virginia | 8 | $81,588 |
12 | Indiana | 8 | $65,938 |
13 | Tennessee | 7 | $89,638 |
14 | Michigan | 7 | $92,639 |
15 | Nevada | 6 | $98,881 |
16 | Iowa | 6 | $72,881 |
17 | North Carolina | 6 | $83,599 |
18 | Colorado | 6 | $72,593 |
19 | Nebraska | 6 | $65,123 |
20 | Missouri | 5 | $84,475 |
21 | Maryland | 5 | $81,906 |
22 | Wisconsin | 5 | $63,367 |
23 | South Carolina | 4 | $87,431 |
24 | Utah | 4 | $68,673 |
25 | Oregon | 4 | $64,583 |
26 | New Jersey | 3 | $110,017 |
27 | Minnesota | 3 | $74,626 |
28 | Arizona | 3 | $71,934 |
29 | Washington | 3 | $58,409 |
30 | Rhode Island | 2 | $125,136 |
31 | Oklahoma | 2 | $85,052 |
32 | Kentucky | 2 | $84,873 |
33 | Louisiana | 2 | $86,090 |
34 | Idaho | 2 | $57,606 |
35 | Alabama | 2 | $62,485 |
36 | Vermont | 1 | $89,738 |
37 | Kansas | 1 | $72,343 |
38 | New Hampshire | 0 | $124,609 |
39 | Delaware | 0 | $118,162 |
40 | West Virginia | 0 | $95,546 |
41 | Maine | 0 | $92,045 |
42 | New Mexico | 0 | $87,578 |
43 | Arkansas | 0 | $78,614 |
44 | Mississippi | 0 | $74,651 |
45 | Wyoming | 0 | $71,619 |
46 | South Dakota | 0 | $70,120 |
47 | Montana | 0 | $68,463 |
48 | Hawaii | 0 | $70,882 |
49 | Alaska | 0 | $59,282 |
50 | North Dakota | 0 | $61,930 |
Cambridge, MA • Private
In-State Tuition
$51,832
Enrollment
4,550
Cambridge, MA • Private
In-State Tuition
$50,420
Enrollment
7,582
Philadelphia, PA • Private
In-State Tuition
$55,584
Enrollment
10,764
Washington, DC • Private
In-State Tuition
$54,104
Enrollment
7,089
Evanston, IL • Private
In-State Tuition
$54,568
Enrollment
8,451
Chicago, IL • Private
In-State Tuition
$58,230
Enrollment
6,600
Los Angeles, CA • Private
In-State Tuition
$13,226
Enrollment
31,568
Bethlehem, PA • Private
In-State Tuition
$52,930
Enrollment
5,030
Nashville, TN • Private
In-State Tuition
$49,816
Enrollment
6,840
Pittsburgh, PA • Private
In-State Tuition
$55,465
Enrollment
6,483
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, 69.4% of hybrid derivatives traders listed financial markets on their resume, but soft skills such as analytical skills and customer-service skills are important as well.
Zippia allows you to choose from different easy-to-use Hybrid Derivatives Trader templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your Hybrid Derivatives Trader resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.
After extensive research and analysis, Zippia's data science team found that:
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Rank | Company | Average Salary | Hourly Rate | Job Openings |
---|---|---|---|---|
1 | The Vanguard Group | $118,247 | $56.85 | 1 |
2 | Credit Agricole CIB | $115,911 | $55.73 | 1 |
3 | Nomura Securities | $114,281 | $54.94 | 1 |
4 | DRW | $112,282 | $53.98 | 1 |
5 | Belvedere Trading | $110,873 | $53.30 | 1 |
6 | UBS | $110,258 | $53.01 | 1 |
7 | Barclays | $108,913 | $52.36 | 2 |
8 | Hartree Partners | $107,455 | $51.66 | 1 |
9 | Akuna Capital | $107,416 | $51.64 | 42 |
10 | Glencore | $107,373 | $51.62 | 1 |