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Trader vs bond trader

The differences between traders and bond traders can be seen in a few details. Each job has different responsibilities and duties. Additionally, a bond trader has an average salary of $109,526, which is higher than the $90,179 average annual salary of a trader.

The top three skills for a trader include portfolio, financial markets and derivative. The most important skills for a bond trader are bonds, treasury, and fixed income.

Trader vs bond trader overview

TraderBond Trader
Yearly salary$90,179$109,526
Hourly rate$43.36$52.66
Growth rate10%10%
Number of jobs17,351567
Job satisfaction--
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 79%
Average age4343
Years of experience--

Trader vs bond trader salary

Traders and bond traders have different pay scales, as shown below.

TraderBond Trader
Average salary$90,179$109,526
Salary rangeBetween $56,000 And $144,000Between $62,000 And $190,000
Highest paying CityWhite Plains, NY-
Highest paying stateNew York-
Best paying companyThe Citadel-
Best paying industryFinance-

Differences between trader and bond trader education

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

TraderBond Trader
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 79%
Most common majorFinanceFinance
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Trader vs bond trader demographics

Here are the differences between traders' and bond traders' demographics:

TraderBond Trader
Average age4343
Gender ratioMale, 82.1% Female, 17.9%Male, 81.0% Female, 19.0%
Race ratioBlack or African American, 5.5% Unknown, 4.1% Hispanic or Latino, 11.5% Asian, 12.4% White, 66.2% American Indian and Alaska Native, 0.2%Black or African American, 5.6% Unknown, 4.1% Hispanic or Latino, 11.8% Asian, 11.2% White, 67.0% American Indian and Alaska Native, 0.2%
LGBT Percentage6%6%

Differences between trader and bond trader duties and responsibilities

Trader example responsibilities.

  • Manage Smithtown branch office ensuring compliance with NASD regulations.
  • Manage and hedge generation within PJM, MISO, and ERCOT.
  • Manage options trading to ensure a positive ROI within a volatile market.
  • Initiate and manage financial, physical and virtual trades resulting in a positive PnL.
  • Manage products with the supply chain warehouses and interface with both corporate logistics and common carriers.
  • Coordinate MBS and whole loan delivers to ensure settlements are achieve to minimize extension and pair off fees.
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Bond trader example responsibilities.

  • Manage traders in training and help teach derivatives theory classes.
  • Manage risk of firm capital in directional, basis and arbitrage trading
  • Manage business, sales, marketing, international negotiation and communication for a commodities business.
  • Train junior traders on modeling and relative value analysis of convertible bonds and structure derivative arbitrage trading strategies.
  • Utilize equities and options to hedge bond risk.
  • Research equities and design trading schematic to find investment opportunities.
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Trader vs bond trader skills

Common trader skills
  • Portfolio, 13%
  • Financial Markets, 6%
  • Derivative, 5%
  • Fixed Income, 5%
  • Equities, 4%
  • Securities, 4%
Common bond trader skills
  • Bonds, 22%
  • Treasury, 13%
  • Fixed Income, 11%
  • Securities, 11%
  • Trade Ideas, 5%
  • Hedge Funds, 5%