1. Massachusetts Institute of Technology
Cambridge, MA • Private
In-State Tuition
$51,832
Enrollment
4,550
What is a Hybrid Derivatives Trader?
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.
What Does a Hybrid Derivatives Trader Do
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.
How To Become a Hybrid Derivatives Trader
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.
Average Salary for a Hybrid Derivatives Trader
Hybrid Derivatives Traders in America make an average salary of $102,578 per year or $49 per hour. The top 10 percent makes over $178,000 per year, while the bottom 10 percent under $58,000 per year.
Average Hybrid Derivatives Trader Salary
$102,578 Yearly$49.32 hourly
What Am I Worth?
Roles and Types of Hybrid Derivatives Trader
There are several types of hybrid derivatives trader, including:
Trader
Role:
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.
- Average Salary: $90,179
- Degree: Bachelor's Degree
Equity Trader
Role:
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.
- Average Salary: $101,759
- Degree: Bachelor's Degree
Commodity Trader
Role:
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.
- Average Salary: $93,220
- Degree: Bachelor's Degree
States With The Most Hybrid Derivatives Trader Jobs
Number Of Hybrid Derivatives Trader Jobs By State
| 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 |
Top Colleges for Hybrid Derivatives Traders
2. Harvard University
Cambridge, MA • Private
In-State Tuition
$50,420
Enrollment
7,582
3. University of Pennsylvania
Philadelphia, PA • Private
In-State Tuition
$55,584
Enrollment
10,764
4. Georgetown University
Washington, DC • Private
In-State Tuition
$54,104
Enrollment
7,089
5. Northwestern University
Evanston, IL • Private
In-State Tuition
$54,568
Enrollment
8,451
6. University of Chicago
Chicago, IL • Private
In-State Tuition
$58,230
Enrollment
6,600
7. University of California - Los Angeles
Los Angeles, CA • Private
In-State Tuition
$13,226
Enrollment
31,568
8. Lehigh University
Bethlehem, PA • Private
In-State Tuition
$52,930
Enrollment
5,030
9. Vanderbilt University
Nashville, TN • Private
In-State Tuition
$49,816
Enrollment
6,840
10. Carnegie Mellon University
Pittsburgh, PA • Private
In-State Tuition
$55,465
Enrollment
6,483
Top Skills For a Hybrid Derivatives Trader
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.
Choose From 10+ Customizable Hybrid Derivatives Trader Resume templates
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.
Hybrid Derivatives Trader diversity
Hybrid Derivatives Trader Gender Distribution
Male
100%
Female
0
After extensive research and analysis, Zippia's data science team found that:
- Among hybrid derivatives traders, 0.0% of them are women, while 100.0% are men.
- The most common race/ethnicity among hybrid derivatives traders is White, which makes up 73.5% of all hybrid derivatives traders.
Online Courses For Hybrid Derivatives Trader That You May Like
Advertising Disclosure
1. Derivatives - Options & Futures
While investing and trading in the options market may seem somewhat more daunting than other asset classes such as stocks, bonds, exchange-traded funds, currencies and commodities, you’ll ultimately find that their complexity can be boiled down to simple concepts you’ll be able to understand and use the more you’re exposed to, and have hands-on experience with the material. Our aim is for you to acquire these skills, as well as the know-how, to invest and trade in these often-complex financial...
2. Calculus through Data & Modeling: Limits & Derivatives
This first course on concepts of single variable calculus will introduce the notions of limits of a function to define the derivative of a function. In mathematics, the derivative measures the sensitivity to change of the function. For example, the derivative of the position of a moving object with respect to time is the object's velocity: this measures how quickly the position of the object changes when time advances. This fundamental notion will be applied through the modelling and analysis...
3. Market Analytics: Become a Data-Driven Marketing Expert
Learn to calculate market segments, use pricing techniques, and forecast sales with Excel for better marketing strategy...
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How Do Hybrid Derivatives Traders Rate Their Jobs?
Top Hybrid Derivatives Trader Employers
Most Common Employers For Hybrid Derivatives Trader
| 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 |