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Market maker vs direct sales agent

The differences between market makers and direct sales agents 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 direct sales agent. Additionally, a market maker has an average salary of $108,335, which is higher than the $57,712 average annual salary of a direct sales agent.

The top three skills for a market maker include equity options, portfolio risk and NASD. The most important skills for a direct sales agent are customer service, medicare, and health insurance.

Market maker vs direct sales agent overview

Market MakerDirect Sales Agent
Yearly salary$108,335$57,712
Hourly rate$52.08$27.75
Growth rate10%10%
Number of jobs17,618225,552
Job satisfaction--
Most common degreeBachelor's Degree, 87%Bachelor's Degree, 53%
Average age4343
Years of experience66

Market maker vs direct sales agent salary

Market makers and direct sales agents have different pay scales, as shown below.

Market MakerDirect Sales Agent
Average salary$108,335$57,712
Salary rangeBetween $62,000 And $188,000Between $30,000 And $107,000
Highest paying City-New York, NY
Highest paying state-New York
Best paying company-TechnipFMC
Best paying industry--

Differences between market maker and direct sales agent education

There are a few differences between a market maker and a direct sales agent in terms of educational background:

Market MakerDirect Sales Agent
Most common degreeBachelor's Degree, 87%Bachelor's Degree, 53%
Most common majorFinanceBusiness
Most common collegeUniversity of PennsylvaniaStanford University

Market maker vs direct sales agent demographics

Here are the differences between market makers' and direct sales agents' demographics:

Market MakerDirect Sales Agent
Average age4343
Gender ratioMale, 92.1% Female, 7.9%Male, 58.0% Female, 42.0%
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, 5.8% Unknown, 4.2% Hispanic or Latino, 12.4% Asian, 9.3% White, 68.2% American Indian and Alaska Native, 0.2%
LGBT Percentage6%6%

Differences between market maker and direct sales agent 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

Direct sales agent example responsibilities.

  • Increase customer understanding of Comcast products and pricing models as well as competitive advantage over other service providers.
  • Produce call reports and CRM dashboards.
  • Demonstrate strong understanding of Comcast products, promoting and selling offerings to individual customers by knocking every door within assign territories.
  • Contact new and existing customers to discuss how TWC products can meet their needs.
  • Maintain a professional, respectful, and helpful demeanor as a representative of TWC.
  • Communicate ongoing contact activity utilizing Salesforce.com.

Market maker vs direct sales agent skills

Common market maker skills
  • Equity Options, 11%
  • Portfolio Risk, 9%
  • NASD, 7%
  • Financial Markets, 6%
  • Manage Risk, 6%
  • Equities, 5%
Common direct sales agent skills
  • Customer Service, 25%
  • Medicare, 15%
  • Health Insurance, 12%
  • Direct Sales, 11%
  • Underwriting Process, 6%
  • Product Knowledge, 5%