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Proprietary trader vs securities trader

The differences between proprietary traders and securities traders can be seen in a few details. Each job has different responsibilities and duties. Additionally, a securities trader has an average salary of $116,767, which is higher than the $100,019 average annual salary of a proprietary trader.

The top three skills for a proprietary trader include technical analysis, equity markets and equities. The most important skills for a securities trader are securities, risk management, and fixed income.

Proprietary trader vs securities trader overview

Proprietary TraderSecurities Trader
Yearly salary$100,019$116,767
Hourly rate$48.09$56.14
Growth rate10%10%
Number of jobs5413,668
Job satisfaction--
Most common degreeBachelor's Degree, 81%Bachelor's Degree, 80%
Average age4343
Years of experience--

Proprietary trader vs securities trader salary

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

Proprietary TraderSecurities Trader
Average salary$100,019$116,767
Salary rangeBetween $60,000 And $165,000Between $68,000 And $197,000
Highest paying CityNew York, NYNew York, NY
Highest paying stateNew YorkNew York
Best paying companyD. E. Shaw groupCredit Agricole CIB
Best paying industryFinanceFinance

Differences between proprietary trader and securities trader education

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

Proprietary TraderSecurities Trader
Most common degreeBachelor's Degree, 81%Bachelor's Degree, 80%
Most common majorFinanceFinance
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Proprietary trader vs securities trader demographics

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

Proprietary TraderSecurities Trader
Average age4343
Gender ratioMale, 95.7% Female, 4.3%Male, 85.1% Female, 14.9%
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, 5.8% Unknown, 4.1% Hispanic or Latino, 12.1% Asian, 11.4% White, 66.4% American Indian and Alaska Native, 0.2%
LGBT Percentage6%6%

Differences between proprietary trader and securities 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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Securities trader example responsibilities.

  • Research, analyze, and invest in equities in order to achieve short term capital gains.
  • Manage business, sales, marketing, international negotiation and communication for a commodities business.
  • Collaborate with partners in trading domestic equities, international equities, corporate bonds, and sovereign debt instruments.
  • Carry out NYSE and NASDAQ equity trading on behalf of institutional clientele and register investment advisors.
  • Execute institutional equity orders on both an agency and proprietary basis in strict accordance to FINRA regulations and establish company guidelines.
  • Trade multiple products on SGX, CBOT, CME, HKFE, TSE, EUREX and LIFFE exchanges.
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Proprietary trader vs securities trader skills

Common proprietary trader skills
  • Technical Analysis, 12%
  • Equity Markets, 10%
  • Equities, 9%
  • Financial Markets, 8%
  • Portfolio, 8%
  • Fundamental Analysis, 4%
Common securities trader skills
  • Securities, 18%
  • Risk Management, 11%
  • Fixed Income, 8%
  • Equities, 8%
  • Financial Statements, 6%
  • Bonds, 5%