Post job

Market maker vs bond broker

The differences between market makers and bond brokers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a market maker and a bond broker. Additionally, a market maker has an average salary of $108,335, which is higher than the $64,594 average annual salary of a bond broker.

The top three skills for a market maker include equity options, portfolio risk and NASD. The most important skills for a bond broker are bonds, securities, and fixed income.

Market maker vs bond broker overview

Market MakerBond Broker
Yearly salary$108,335$64,594
Hourly rate$52.08$31.05
Growth rate10%10%
Number of jobs17,6181,863
Job satisfaction--
Most common degreeBachelor's Degree, 87%Bachelor's Degree, 83%
Average age4343
Years of experience66

Market maker vs bond broker salary

Market makers and bond brokers have different pay scales, as shown below.

Market MakerBond Broker
Average salary$108,335$64,594
Salary rangeBetween $62,000 And $188,000Between $39,000 And $105,000
Highest paying City--
Highest paying state--
Best paying company--
Best paying industry--

Differences between market maker and bond broker education

There are a few differences between a market maker and a bond broker in terms of educational background:

Market MakerBond Broker
Most common degreeBachelor's Degree, 87%Bachelor's Degree, 83%
Most common majorFinanceBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Market maker vs bond broker demographics

Here are the differences between market makers' and bond brokers' demographics:

Market MakerBond Broker
Average age4343
Gender ratioMale, 92.1% Female, 7.9%Male, 87.7% Female, 12.3%
Race ratioBlack or African American, 5.7% Unknown, 4.1% Hispanic or Latino, 12.1% Asian, 9.9% White, 67.9% American Indian and Alaska Native, 0.2%Black or African American, 5.7% Unknown, 4.1% Hispanic or Latino, 12.1% Asian, 9.1% White, 68.8% American Indian and Alaska Native, 0.2%
LGBT Percentage6%6%

Differences between market maker and bond broker duties and responsibilities

Market maker example responsibilities.

  • Manage and critiqu all trades execute on NYMEX trading floor via computer system.
  • Trade several equities and options names, managing all risk, capital and executing trades using electronic screen base software/technology.
  • Dissect and manage complex derivative position risks, manage risks and interpret complex financial documents.
  • Price and risk manage multiple positions in corporate derivatives, including accelerate share buyback programs and long-date convertible bond/call spread overlays.
  • Merge business operations to expand service offering to include etf's, options, and foreign adr's.
  • Analyze market conditions and make decisions to buy/sell equities using fundamental and technical analysis.
  • Show more

Bond broker example responsibilities.

  • Retail trader, fix income securities; manage client account activity; properly allocate client funds to appropriate investment options
  • Track equities of convertible issues for identification of arbitrage opportunities.
  • Solicit profitable freight brokerage business by marketing transportation capability via direct sales calls, telephone and direct mail marketing activity.
  • Execute large volume of retail orders (OTC, list and add lots).

Market maker vs bond broker skills

Common market maker skills
  • Equity Options, 11%
  • Portfolio Risk, 9%
  • NASD, 7%
  • Financial Markets, 6%
  • Manage Risk, 6%
  • Equities, 5%
Common bond broker skills
  • Bonds, 27%
  • Securities, 12%
  • Fixed Income, 11%
  • Treasury, 9%
  • Portfolio, 6%
  • Bloomberg, 6%