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Trading assistant salary
Average trading assistant salary
$101,645
Average Trading Assistant Salary
The average salary for a Trading Assistant is approximately $101,645 per year, translating to about $49 per hour. Salaries can vary significantly based on factors such as geographic location, years of experience, and the specific sector of employment. For instance, trading assistants in major financial hubs like New York often earn more than their counterparts in smaller cities.
Salary by Experience Level
Entry-level trading assistants typically start at a lower salary, gaining experience and skills that can lead to higher pay and advancement. As professionals progress in their careers, they may find roles with salaries approaching six figures, especially in competitive markets. Continuous professional development through training and certifications can further enhance earning potential.
Highest Paying States for Trading Assistants
States such as New York, California, and Illinois feature prominently in offering the highest salaries for trading assistants. Researching specific salary ranges in these states can provide valuable insights for job seekers aiming for high-paying positions.
Understanding these salary dynamics helps current and prospective trading assistants navigate their career paths effectively, ensuring they are informed about potential earnings in their chosen field.
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Where can a Trading Assistant earn more?
Trading assistant salaries by experience level
Trading assistant salary estimates from across the web
Average trading assistant salary by state
The highest-paying states for trading assistants are Connecticut, Rhode Island, and Massachusetts. The lowest average trading assistant salary states are Indiana, Arkansas, and Idaho.
- State view
- County view
Highest paying states for trading assistants
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Massachusetts | $121,747 | $58.53 |
| 2 | New York | $116,657 | $56.09 |
| 3 | District of Columbia | $131,677 | $63.31 |
| 4 | Connecticut | $123,634 | $59.44 |
| 5 | Rhode Island | $123,352 | $59.30 |
| 6 | New Jersey | $112,084 | $53.89 |
| 7 | California | $102,170 | $49.12 |
| 8 | Pennsylvania | $91,034 | $43.77 |
| 9 | New Hampshire | $100,174 | $48.16 |
| 10 | Maryland | $96,321 | $46.31 |
| 11 | Vermont | $106,022 | $50.97 |
| 12 | Maine | $104,892 | $50.43 |
| 13 | Arizona | $82,154 | $39.50 |
| 14 | Nevada | $79,963 | $38.44 |
| 15 | Michigan | $82,225 | $39.53 |
| 16 | Ohio | $75,137 | $36.12 |
| 17 | Washington | $82,530 | $39.68 |
| 18 | Virginia | $82,452 | $39.64 |
| 19 | Texas | $78,295 | $37.64 |
| 20 | Oregon | $80,179 | $38.55 |
| 21 | Utah | $74,030 | $35.59 |
| 22 | North Carolina | $79,021 | $37.99 |
| 23 | Florida | $76,280 | $36.67 |
| 24 | Tennessee | $74,860 | $35.99 |
| 25 | West Virginia | $77,312 | $37.17 |
| 26 | Illinois | $78,621 | $37.80 |
| 27 | Wyoming | $71,379 | $34.32 |
| 28 | Wisconsin | $73,364 | $35.27 |
| 29 | Hawaii | $74,653 | $35.89 |
| 30 | Alaska | $66,772 | $32.10 |
| 31 | Alabama | $77,204 | $37.12 |
| 32 | Minnesota | $75,371 | $36.24 |
| 33 | Kentucky | $74,870 | $36.00 |
| 34 | Delaware | $81,670 | $39.26 |
| 35 | Georgia | $75,619 | $36.36 |
| 36 | Mississippi | $72,862 | $35.03 |
| 37 | North Dakota | $70,646 | $33.96 |
| 38 | Nebraska | $67,006 | $32.21 |
| 39 | Louisiana | $73,686 | $35.43 |
| 40 | Colorado | $66,176 | $31.82 |
| 41 | Kansas | $70,623 | $33.95 |
| 42 | Iowa | $69,209 | $33.27 |
| 43 | South Carolina | $70,259 | $33.78 |
| 44 | Montana | $55,430 | $26.65 |
| 45 | Idaho | $62,049 | $29.83 |
| 46 | New Mexico | $69,996 | $33.65 |
| 47 | Indiana | $64,020 | $30.78 |
| 48 | Missouri | $66,147 | $31.80 |
| 49 | Arkansas | $62,991 | $30.28 |
| 50 | Oklahoma | $60,579 | $29.12 |
| 51 | South Dakota | $57,162 | $27.48 |
Highest paying cities for trading assistants
The highest-paying cities for trading assistants are Hartford, CT, Boston, MA, and New York, NY.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Hartford, CT | $125,533 | $60.35 |
| 2 | Boston, MA | $123,394 | $59.32 |
| 3 | New York, NY | $117,955 | $56.71 |
| 4 | Hoboken, NJ | $113,169 | $54.41 |
| 5 | Selma, CA | $102,878 | $49.46 |
| 6 | Towson, MD | $97,036 | $46.65 |
| 7 | McLean, VA | $84,781 | $40.76 |
| 8 | Salem, OR | $80,299 | $38.61 |
| 9 | Henderson, NV | $80,133 | $38.53 |
| 10 | Houston, TX | $79,439 | $38.19 |
| 11 | Chicago, IL | $79,229 | $38.09 |
| 12 | Mobile, AL | $78,782 | $37.88 |
| 13 | Charlotte, NC | $76,119 | $36.60 |
| 14 | Minneapolis, MN | $75,258 | $36.18 |
| 15 | Midvale, UT | $73,578 | $35.37 |
| 16 | Overland Park, KS | $70,928 | $34.10 |
| 17 | Saint Louis, MO | $67,781 | $32.59 |
| 18 | Omaha, NE | $67,273 | $32.34 |
| 19 | Denver, CO | $65,943 | $31.70 |
Trading assistant salary details
A trading assistant's salary ranges from $58,000 a year at the 10th percentile to $176,000 at the 90th percentile.
What is a trading assistant's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $176,000 | $14,667 | $85 |
| 75th Percentile | $135,000 | $11,250 | $65 |
| Average | $101,645 | $8,470 | $49 |
| 25th Percentile | $76,000 | $6,333 | $37 |
| 10th Percentile | $58,000 | $4,833 | $28 |
Top companies hiring trading assistants now:
Which companies pay trading assistants the most?
Trading assistant salaries at Oak Hill Advisors and Artisan Partners are the highest-paying according to our most recent salary estimates. In addition, the average trading assistant salary at companies like Marathon Asset Management and The Carlyle Group are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Oak Hill Advisors | $150,544 | $72.38 |
| 2 | Artisan Partners | $120,772 | $58.06 |
| 3 | Marathon Asset Management | $120,390 | $57.88 |
| 4 | The Carlyle Group | $116,251 | $55.89 |
| 5 | Credit Suisse | $114,246 | $54.93 |
| 6 | Deutsche Bank | $114,245 | $54.93 |
| 7 | CTC | $113,305 | $54.47 |
| 8 | Nomura Securities | $112,354 | $54.02 |
| 9 | BNP Paribas | $111,611 | $53.66 |
| 10 | PEAK6 | $109,580 | $52.68 |
| 11 | UBS | $108,343 | $52.09 |
| 12 | SG Americas Securities Holdings, LLC | $108,246 | $52.04 |
| 13 | Rbc Holding Co Ltd | $108,098 | $51.97 |
| 14 | Arena Investors | $107,296 | $51.58 |
| 15 | Huntington Ingalls Industries | $107,296 | $51.58 |
| 16 | Economic Development Corporation of Kansas City | $107,296 | $51.58 |
| 17 | Nippon Steel Corp. | $107,296 | $51.58 |
| 18 | Morgan Stanley | $107,134 | $51.51 |
| 19 | Austal | $106,731 | $51.31 |
| 20 | HSBC Bank | $104,708 | $50.34 |
Wage gap by gender, race and education
Trading assistant salary trends
The average trading assistant salary has risen by $18,262 over the last ten years. In 2014, the average trading assistant earned $83,383 annually, but today, they earn $101,645 a year. That works out to a 12% change in pay for trading assistants over the last decade.
Compare trading assistant salaries for cities or states with the national average over time.
Average trading assistant salary over time
Compare trading assistant salaries for individual cities or states with the national average.
Trading assistant salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $102,000 | $48.87 | +3.0% |
| 2024 | $98,600 | $47.41 | +2.8% |
| 2023 | $95,800 | $46.08 | +2.8% |
| 2022 | $93,100 | $44.77 | +2.2% |
| 2021 | $91,100 | $43.80 | +2.6% |
Recently added trading assistant salaries
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| BNP Paribas | Associate-Global Macro (Fxlm) Sales and Trading Assistant | New York, NY | 06/28/2025 | $115,000 |
| Symetra Financial | Trading Assistant, High Yield & Bank Loans | Farmington, CT | 06/20/2025 | $85,400 |
| Xpansiv | Trade Assistant | New York, NY | 06/20/2025 | $65,000 |
| Schonfeld Group | Trading Assistant | New York, NY | 06/09/2025 | $80,000 |
| PCSI Careers | Maintenance Trades Assistant, Navsea SAN Diego | San Diego, CA | 06/01/2025 | $43,347 |
| BNP Paribas | Associate-Global Macro (Fxlm) Sales and Trading Assistant | New York, NY | 05/22/2025 | $115,000 |
| Westfield State University | Summer Student Jobs: Environmental Services, Trades & Grounds Assistants-Westfield State Universit | Westfield, MA | 05/22/2025 | $37,566 |
| Barclays Plc | Equity Synthetic Trading Assistant | New York, NY | 05/21/2025 | $95,000 |
| Bet365 | Trading Assistant | Denver, CO | 05/19/2025 | $47,000 |
| Raymond James Financial, Inc. | Sales & Trading Assistant (NR) | New York, NY | 05/09/2025 | $60,406 |
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