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Market maker vs licensed sales agent

The differences between market makers and licensed 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 licensed sales agent. Additionally, a market maker has an average salary of $108,335, which is higher than the $36,453 average annual salary of a licensed sales agent.

The top three skills for a market maker include equity options, portfolio risk and NASD. The most important skills for a licensed sales agent are real estate, lead generation, and customer service.

Market maker vs licensed sales agent overview

Market MakerLicensed Sales Agent
Yearly salary$108,335$36,453
Hourly rate$52.08$17.53
Growth rate10%10%
Number of jobs17,61863,324
Job satisfaction--
Most common degreeBachelor's Degree, 87%Bachelor's Degree, 55%
Average age4343
Years of experience66

Market maker vs licensed sales agent salary

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

Market MakerLicensed Sales Agent
Average salary$108,335$36,453
Salary rangeBetween $62,000 And $188,000Between $25,000 And $51,000
Highest paying City-Minnetonka, MN
Highest paying state-New York
Best paying company-Oracle
Best paying industry-Finance

Differences between market maker and licensed sales agent education

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

Market MakerLicensed Sales Agent
Most common degreeBachelor's Degree, 87%Bachelor's Degree, 55%
Most common majorFinanceBusiness
Most common collegeUniversity of PennsylvaniaStanford University

Market maker vs licensed sales agent demographics

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

Market MakerLicensed Sales Agent
Average age4343
Gender ratioMale, 92.1% Female, 7.9%Male, 45.1% Female, 54.9%
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, 5.9% Unknown, 4.2% Hispanic or Latino, 12.6% Asian, 9.5% White, 67.6% American Indian and Alaska Native, 0.2%
LGBT Percentage6%6%

Differences between market maker and licensed 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.
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Licensed sales agent example responsibilities.

  • Schedule and meet individuals\groups for assign or self-generate leads, assist and enroll eligible individuals in suitable Medicare product.
  • Develop a working knowledge of the Medicaid program used to educate customers on product eligibility.
  • Demonstrate strong understanding of Comcast products, promoting and selling offerings to individual customers by knocking every door within assign territories.
  • Service Humana ACA plan members on benefits, service.
  • Comply with all regulatory guidelines as well as HIPAA and privacy guidelines, demonstrate client/customer confidentiality.
  • Handle, process and accurately record confidential financial and health customer information following all applicable HIPAA privacy laws.
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Market maker vs licensed sales agent skills

Common market maker skills
  • Equity Options, 11%
  • Portfolio Risk, 9%
  • NASD, 7%
  • Financial Markets, 6%
  • Manage Risk, 6%
  • Equities, 5%
Common licensed sales agent skills
  • Real Estate, 27%
  • Lead Generation, 24%
  • Customer Service, 7%
  • Auto Insurance, 3%
  • Medicare Advantage, 3%
  • Inbound Calls, 3%