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Senior energy trader vs floor trader

The differences between senior energy traders and floor traders 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 $102,024 average annual salary of a floor trader.

The top three skills for a senior energy trader include risk management, portfolio management and derivative. The most important skills for a floor trader are futures markets, CME, and equity options.

Senior energy trader vs floor trader overview

Senior Energy TraderFloor Trader
Yearly salary$114,420$102,024
Hourly rate$55.01$49.05
Growth rate10%10%
Number of jobs19,68033,369
Job satisfaction--
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 81%
Average age4343
Years of experience--

Senior energy trader vs floor trader salary

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

Senior Energy TraderFloor Trader
Average salary$114,420$102,024
Salary rangeBetween $68,000 And $191,000Between $59,000 And $174,000
Highest paying CityWhite Plains, NY-
Highest paying stateNew York-
Best paying companyCiti-
Best paying industryFinance-

Differences between senior energy trader and floor trader education

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

Senior Energy TraderFloor Trader
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 81%
Most common majorFinanceFinance
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Senior energy trader vs floor trader demographics

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

Senior Energy TraderFloor Trader
Average age4343
Gender ratioMale, 87.2% Female, 12.8%Male, 94.8% Female, 5.2%
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, 5.6% Unknown, 4.1% Hispanic or Latino, 11.7% Asian, 11.2% White, 67.2% American Indian and Alaska Native, 0.2%
LGBT Percentage6%6%

Differences between senior energy trader and floor trader 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.
  • Show more

Floor trader example responsibilities.

  • Manage business, sales, marketing, international negotiation and communication for a commodities business.
  • Lead arbitrage trader with the highest return on investment.
  • Demonstrate outstanding performance and become recognized as one of the top producing firms on the NYSE.
  • Facilitate trades, generate commission dollars, and reduce risk for clients by reflecting liquidity on the NYSE to senior traders.
  • Automate the trade allocation and reconciliation procedures using VBA programming which is leveraged to systematically detect any trade breaks or discrepancies.
  • Integrate into an existing trading pit on the CBOE, illustrating success in new, challenging work environments.

Senior energy trader vs floor trader skills

Common senior energy trader skills
  • Risk Management, 12%
  • Portfolio Management, 8%
  • Derivative, 6%
  • Fixed Income, 6%
  • Financial Products, 5%
  • Trade Execution, 5%
Common floor trader skills
  • Futures Markets, 31%
  • CME, 7%
  • Equity Options, 7%
  • NYSE, 6%
  • Futures Contracts, 6%
  • Manage Risk, 5%