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The differences between market makers and clearing house clerks 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 clearing house clerk. Additionally, a market maker has an average salary of $108,335, which is higher than the $33,479 average annual salary of a clearing house clerk.
The top three skills for a market maker include equity options, portfolio risk and NASD. The most important skills for a clearing house clerk are customer service, customer orders, and rent payments.
| Market Maker | Clearing House Clerk | |
| Yearly salary | $108,335 | $33,479 |
| Hourly rate | $52.08 | $16.10 |
| Growth rate | 10% | -5% |
| Number of jobs | 17,618 | 89,149 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 87% | Bachelor's Degree, 39% |
| Average age | 43 | 51 |
| Years of experience | 6 | 6 |
Market makers and clearing house clerks have different pay scales, as shown below.
| Market Maker | Clearing House Clerk | |
| Average salary | $108,335 | $33,479 |
| Salary range | Between $62,000 And $188,000 | Between $26,000 And $42,000 |
| Highest paying City | - | - |
| Highest paying state | - | - |
| Best paying company | - | - |
| Best paying industry | - | - |
There are a few differences between a market maker and a clearing house clerk in terms of educational background:
| Market Maker | Clearing House Clerk | |
| Most common degree | Bachelor's Degree, 87% | Bachelor's Degree, 39% |
| Most common major | Finance | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between market makers' and clearing house clerks' demographics:
| Market Maker | Clearing House Clerk | |
| Average age | 43 | 51 |
| Gender ratio | Male, 92.1% Female, 7.9% | Male, 32.2% Female, 67.8% |
| Race ratio | Black 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, 6.7% Unknown, 4.0% Hispanic or Latino, 14.3% Asian, 6.5% White, 67.8% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 6% | 7% |