Securities clerk vs trade clerk

The differences between securities clerks and trade clerks can be seen in a few details. Each job has different responsibilities and duties. It typically takes 1-2 years to become both a securities clerk and a trade clerk. Additionally, a trade clerk has an average salary of $57,442, which is higher than the $34,048 average annual salary of a securities clerk.

The top three skills for a securities clerk include data entry, security procedures and security clearance. The most important skills for a trade clerk are financial reports, dealer trades, and DMV.

Securities clerk vs trade clerk overview

	Securities Clerk	Trade Clerk
Yearly salary	$34,048	$57,442
Hourly rate	$16.37	$27.62
Growth rate	-3%	-3%
Number of jobs	69,532	67,178
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 37%	Bachelor's Degree, 72%
Average age	43	43
Years of experience	2	2

Securities clerk vs trade clerk salary

Securities clerks and trade clerks have different pay scales, as shown below.

	Securities Clerk	Trade Clerk
Average salary	$34,048	$57,442
Salary range	Between $26,000 And $42,000	Between $38,000 And $86,000
Highest paying City	Albany, NY	-
Highest paying state	New Jersey	-
Best paying company	New York State Restaurant Association	-
Best paying industry	Government	-

Differences between securities clerk and trade clerk education

There are a few differences between a securities clerk and a trade clerk in terms of educational background:

	Securities Clerk	Trade Clerk
Most common degree	Bachelor's Degree, 37%	Bachelor's Degree, 72%
Most common major	Business	Business
Most common college	SUNY at Binghamton	University of Pennsylvania

Securities clerk vs trade clerk demographics

Here are the differences between securities clerks' and trade clerks' demographics:

	Securities Clerk	Trade Clerk
Average age	43	43
Gender ratio	Male, 36.1% Female, 63.9%	Male, 59.1% Female, 40.9%
Race ratio	Black or African American, 9.5% Unknown, 4.3% Hispanic or Latino, 15.5% Asian, 5.9% White, 63.9% American Indian and Alaska Native, 0.9%	Black or African American, 9.5% Unknown, 4.3% Hispanic or Latino, 15.5% Asian, 5.9% White, 63.9% American Indian and Alaska Native, 0.9%
LGBT Percentage	6%	6%

Differences between securities clerk and trade clerk duties and responsibilities

Securities clerk example responsibilities.

Demonstrate strong math skills in managing inmate s accounts and calmly and effectively deescalating outbursts of belligerent inmates.
Use PowerPoint to write slides to use in briefings.
Track individual personal clearances using spreadsheets and the JPAS system.
Grant accesses as needed in JPAS, owning/servicing JPAS clearance records as needed.
Accompany officers in the field in effort to serve active warrants and subpoenas.
Assign points to driver's licenses and monitor accrual for excessive points per DOD traffic regulations.

Trade clerk example responsibilities.

Demonstrate strong math skills in managing inmate s accounts and calmly and effectively deescalating outbursts of belligerent inmates.
Assist senior staff and management with insuring compliance of NYSE rules.
Work on NYSE floor with brokers to get questionable trades compare and settle.
Develop and nurture relationships with new and existing clients for Eurodollar trades at the CME.
Monitor back office and trade desk within the company while operating the company AS400 operation system and program.
Receive DTC confirms, and hardcopy paper trades via mail, then enter them into the system manually.

Securities clerk vs trade clerk skills

Common securities clerk skills

Data Entry, 22%
Security Procedures, 7%
Security Clearance, 7%
DOD, 5%
Office Equipment, 5%
Direct Calls, 5%

Common trade clerk skills

Financial Reports, 27%
Dealer Trades, 12%
DMV, 10%
Arbitrage, 9%
Purchase Orders, 9%
CME, 9%

Updated January 8, 2025

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