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Senior energy trader vs commodity broker

The differences between senior energy traders and commodity brokers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a senior energy trader has an average salary of $114,420, which is higher than the $63,317 average annual salary of a commodity broker.

The top three skills for a senior energy trader include risk management, portfolio management and derivative. The most important skills for a commodity broker are commodities, market analysis, and risk management.

Senior energy trader vs commodity broker overview

Senior Energy TraderCommodity Broker
Yearly salary$114,420$63,317
Hourly rate$55.01$30.44
Growth rate10%10%
Number of jobs19,6801,937
Job satisfaction--
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 77%
Average age4343
Years of experience--

Senior energy trader vs commodity broker salary

Senior energy traders and commodity brokers have different pay scales, as shown below.

Senior Energy TraderCommodity Broker
Average salary$114,420$63,317
Salary rangeBetween $68,000 And $191,000Between $39,000 And $102,000
Highest paying CityWhite Plains, NYNew York, NY
Highest paying stateNew YorkNew York
Best paying companyCitiICAP
Best paying industryFinanceFinance

Differences between senior energy trader and commodity broker education

There are a few differences between a senior energy trader and a commodity broker in terms of educational background:

Senior Energy TraderCommodity Broker
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 77%
Most common majorFinanceBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Senior energy trader vs commodity broker demographics

Here are the differences between senior energy traders' and commodity brokers' demographics:

Senior Energy TraderCommodity Broker
Average age4343
Gender ratioMale, 87.2% Female, 12.8%Male, 82.6% Female, 17.4%
Race ratioBlack or African American, 5.5% Unknown, 4.1% Hispanic or Latino, 11.4% Asian, 12.3% White, 66.4% American Indian and Alaska Native, 0.2%Black or African American, 5.7% Unknown, 4.1% Hispanic or Latino, 12.0% Asian, 9.8% White, 68.2% American Indian and Alaska Native, 0.2%
LGBT Percentage6%6%

Differences between senior energy trader and commodity broker duties and responsibilities

Senior energy trader example responsibilities.

  • Hire and manage an experience team of NERC energy traders.
  • Execute and manage spreads, cracks, and volatility portfolio futures and OTC.
  • Project manage new commercial paper program conversion on Bloomberg trading system which streamline processing under tight time deadlines.
  • Trade Asian equities & manage the global currency book for the firm's various mutual funds out of the
  • Analyze and manage book liquidity and risk exposure including the Greeks, basis, FX, dividend, and expiry risks.
  • Reconcile trades with strict adherence to FINRA guidelines regarding customer order handling which help to achieve a consistently clean compliance record.
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Commodity broker example responsibilities.

  • Manage and execute physical/financial grains book as well as base metal arbitrage portfolio.
  • Trade on the NYFE, CME, and CBOT exchanges.
  • Provide research and analysis of prospective exchange trade funds for listing on the AMEX.
  • Support the firm's compliance director with records verification pertaining to audits, inquiries, and questions concerning NYSE floor operations.
  • Reorganize the UBS NYSE floor structure utilizing state-of-the-art technology and consolidating booth spaces.
  • Solicit profitable freight brokerage business by marketing transportation capability via direct sales calls, telephone and direct mail marketing activity.
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Senior energy trader vs commodity broker skills

Common senior energy trader skills
  • Risk Management, 12%
  • Portfolio Management, 8%
  • Derivative, 6%
  • Fixed Income, 6%
  • Financial Products, 5%
  • Trade Execution, 5%
Common commodity broker skills
  • Commodities, 17%
  • Market Analysis, 8%
  • Risk Management, 5%
  • Technical Analysis, 4%
  • Client Accounts, 4%
  • NFA, 4%