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Proprietary trader vs commodity trader

The differences between proprietary traders and commodity traders can be seen in a few details. Each job has different responsibilities and duties. Additionally, a proprietary trader has an average salary of $100,019, which is higher than the $93,220 average annual salary of a commodity trader.

The top three skills for a proprietary trader include technical analysis, equity markets and equities. The most important skills for a commodity trader are commodities, commodity trading, and logistics.

Proprietary trader vs commodity trader overview

Proprietary TraderCommodity Trader
Yearly salary$100,019$93,220
Hourly rate$48.09$44.82
Growth rate10%10%
Number of jobs54110,906
Job satisfaction--
Most common degreeBachelor's Degree, 81%Bachelor's Degree, 77%
Average age4343
Years of experience--

Proprietary trader vs commodity trader salary

Proprietary traders and commodity traders have different pay scales, as shown below.

Proprietary TraderCommodity Trader
Average salary$100,019$93,220
Salary rangeBetween $60,000 And $165,000Between $55,000 And $156,000
Highest paying CityNew York, NYStamford, CT
Highest paying stateNew YorkNew Hampshire
Best paying companyD. E. Shaw groupThe Citadel
Best paying industryFinanceFinance

Differences between proprietary trader and commodity trader education

There are a few differences between a proprietary trader and a commodity trader in terms of educational background:

Proprietary TraderCommodity Trader
Most common degreeBachelor's Degree, 81%Bachelor's Degree, 77%
Most common majorFinanceFinance
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Proprietary trader vs commodity trader demographics

Here are the differences between proprietary traders' and commodity traders' demographics:

Proprietary TraderCommodity Trader
Average age4343
Gender ratioMale, 95.7% Female, 4.3%Male, 87.3% Female, 12.7%
Race ratioBlack or African American, 5.5% Unknown, 4.1% Hispanic or Latino, 11.6% Asian, 12.5% White, 66.1% American Indian and Alaska Native, 0.2%Black or African American, 5.5% Unknown, 4.1% Hispanic or Latino, 11.3% Asian, 12.2% White, 66.7% American Indian and Alaska Native, 0.2%
LGBT Percentage6%6%

Differences between proprietary trader and commodity trader duties and responsibilities

Proprietary trader example responsibilities.

  • Manage business, sales, marketing, international negotiation and communication for a commodities business.
  • Perform qualitative research on potential risk arbitrage positions and subjectively choose equities for inclusion in a risk arbitrage portfolio.
  • Research market strategies and trends using Bloomberg.
  • Develop quantitative driven proprietary models by Bloomberg BLP / API and VBA programming.
  • Research and develop convertible bond pricing application for convertible arbitrage trades.
  • Assess market conditions within the equities market in order to maximize profitability.
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Commodity trader example responsibilities.

  • Trade, build, manage, and modele interest rate derivative positions via exchange floor
  • Manage and execute physical/financial grains book as well as base metal arbitrage portfolio.
  • Manage procurement and sales of bulk grains and agricultural commodities for redistribution into local dairy operations in Idaho.
  • Trade a variety of investment vehicles including commodity futures, FOREX and equities.
  • Develop automated and discretionary trading systems for currency, commodity futures, and equities markets.
  • Assist in audits from FINRA at corporate and branch levels.
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Proprietary trader vs commodity trader skills

Common proprietary trader skills
  • Technical Analysis, 12%
  • Equity Markets, 10%
  • Equities, 9%
  • Financial Markets, 8%
  • Portfolio, 8%
  • Fundamental Analysis, 4%
Common commodity trader skills
  • Commodities, 14%
  • Commodity Trading, 11%
  • Logistics, 11%
  • Market Trends, 9%
  • Derivative, 6%
  • Financial Markets, 5%