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Senior energy trader vs foreign exchange trader

The differences between senior energy traders and foreign exchange traders can be seen in a few details. Each job has different responsibilities and duties. Additionally, a foreign exchange trader has an average salary of $115,133, which is higher than the $114,420 average annual salary of a senior energy trader.

The top three skills for a senior energy trader include risk management, portfolio management and derivative. The most important skills for a foreign exchange trader are manage risk, equities, and foreign exchange products.

Senior energy trader vs foreign exchange trader overview

Senior Energy TraderForeign Exchange Trader
Yearly salary$114,420$115,133
Hourly rate$55.01$55.35
Growth rate10%10%
Number of jobs19,68017,829
Job satisfaction-5
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 77%
Average age4343
Years of experience--

What does a senior energy trader do?

A senior energy trader's main goal is to build financial models so that their company can buy and sell energy shares. They must be extremely experienced in the trading of shares in the NYSE and/or NASDAQ securities. They establish their company in the market and square off deals to ensure profit.

They deal with equities, stocks, and mutual funds.

What does a foreign exchange trader do?

The foreign exchange market is volatile and influenced by numerous factors. A foreign exchange trader considers these factors and utilizes them in their favor. They typically take care to predict misvaluations of currencies accurately. They act on the conclusions reached from their analysis and either buy or sell assets in different markets. This position requires diligence and patience.

Senior energy trader vs foreign exchange trader salary

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

Senior Energy TraderForeign Exchange Trader
Average salary$114,420$115,133
Salary rangeBetween $68,000 And $191,000Between $66,000 And $199,000
Highest paying CityWhite Plains, NYNew York, NY
Highest paying stateNew YorkNew York
Best paying companyCitiPaul Hastings
Best paying industryFinanceFinance

Differences between senior energy trader and foreign exchange trader education

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

Senior Energy TraderForeign Exchange Trader
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 77%
Most common majorFinanceBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Senior energy trader vs foreign exchange trader demographics

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

Senior Energy TraderForeign Exchange Trader
Average age4343
Gender ratioMale, 87.2% Female, 12.8%Male, 79.6% Female, 20.4%
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, 5.5% Unknown, 4.1% Hispanic or Latino, 11.4% Asian, 12.3% White, 66.4% American Indian and Alaska Native, 0.2%
LGBT Percentage6%6%

Differences between senior energy trader and foreign exchange 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.
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Foreign exchange trader example responsibilities.

  • Manage overall risk for FX online dealer during Asia shift.
  • Communicate with brokers to ensure accurate allocations for futures, foreign exchange, and equities between separately manage accounts.
  • Experience using Bloomberg, Reuters, and FX trading platforms.
  • Display subject matter expertise in Reuters, Bloomberg, EBS, and various foreign exchange platforms.
  • Use of Reuters, CQG and Knight-Ridder computer services.
  • Validate transaction and trading details with international banks and multiple ECN trading platforms.
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Senior energy trader vs foreign exchange 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 foreign exchange trader skills
  • Manage Risk, 35%
  • Equities, 17%
  • Foreign Exchange Products, 12%
  • Foreign Currency Transactions, 8%
  • Technical Analysis, 3%
  • Fundamental Analysis, 2%