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Securities trader vs block trader

The differences between securities traders and block 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 $111,384 average annual salary of a block trader.

Securities trader vs block trader overview

Securities TraderBlock Trader
Yearly salary$116,767$111,384
Hourly rate$56.14$53.55
Growth rate10%10%
Number of jobs3,668567
Job satisfaction--
Most common degreeBachelor's Degree, 80%Bachelor's Degree, 88%
Average age4343
Years of experience--

Securities trader vs block trader salary

Securities traders and block traders have different pay scales, as shown below.

Securities TraderBlock Trader
Average salary$116,767$111,384
Salary rangeBetween $68,000 And $197,000Between $63,000 And $195,000
Highest paying CityNew York, NY-
Highest paying stateNew York-
Best paying companyCredit Agricole CIB-
Best paying industryFinance-

Differences between securities trader and block trader education

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

Securities TraderBlock Trader
Most common degreeBachelor's Degree, 80%Bachelor's Degree, 88%
Most common majorFinanceFinance
Most common collegeUniversity of PennsylvaniaUniversity of Southern California

Securities trader vs block trader demographics

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

Securities TraderBlock Trader
Average age4343
Gender ratioMale, 85.1% Female, 14.9%Male, 89.5% Female, 10.5%
Race ratioBlack 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%Black or African American, 4.3% Unknown, 4.0% Hispanic or Latino, 8.4% Asian, 9.6% White, 73.5% American Indian and Alaska Native, 0.2%
LGBT Percentage6%6%

Differences between securities trader and block trader duties and responsibilities

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.
  • Show more

Block trader example responsibilities.

  • Communicate with brokers to ensure accurate allocations for futures, foreign exchange, and equities between separately manage accounts.
  • Screen equities for possible investments.
  • Assist senior traders on the block desk in trading all list securities.
  • Automate the trade allocation and reconciliation procedures using VBA programming which is leveraged to systematically detect any trade breaks or discrepancies.
  • Trade firm capital using a market neutral long short programme momentum proprietary trading strategy.

Securities trader vs block trader skills

Common securities trader skills
  • Securities, 18%
  • Risk Management, 11%
  • Fixed Income, 8%
  • Equities, 8%
  • Financial Statements, 6%
  • Bonds, 5%
Common block trader skills