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The differences between trading assistants and administrative assistants can be seen in a few details. Each job has different responsibilities and duties. It typically takes 1-2 years to become both a trading assistant and an administrative assistant. Additionally, a trading assistant has an average salary of $101,645, which is higher than the $34,945 average annual salary of an administrative assistant.
The top three skills for a trading assistant include trade shows, P/L and securities. The most important skills for an administrative assistant are customer service, data entry, and powerpoint.
| Trading Assistant | Administrative Assistant | |
| Yearly salary | $101,645 | $34,945 |
| Hourly rate | $48.87 | $16.80 |
| Growth rate | -8% | -8% |
| Number of jobs | 26,872 | 65,769 |
| Job satisfaction | - | 4.14 |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 47% |
| Average age | 50 | 50 |
| Years of experience | 2 | 2 |
A trading assistant is primarily in charge of performing support tasks for traders and participate in securing sales for a company. Their responsibilities typically revolve around liaising with clients through calls and correspondence to offer products and services, discussing specifications, negotiating billing plans, and processing payments. They must also assist traders by performing market research and analysis, preparing and processing documentation, arranging meetings and appointments, running errands, and resolving issues and concerns in adherence to the company's policies and regulations.
Administrative assistants, or admin assistants, do general clerical and administrative activities. Their duties involve organizing and maintaining files and records, preparing documents, scheduling meetings and appointments, and providing general support in the office. Administrative assistants handle incoming and outgoing official correspondences, take minutes of important meetings and manage calls to the main office number. They also assist executives in providing structure to their day by managing their schedule, drafting e-mails, and other activities that executives may need assistance in. Administrative assistants should have the following skills: organizing, business writing, decision-making, and communication.
Trading assistants and administrative assistants have different pay scales, as shown below.
| Trading Assistant | Administrative Assistant | |
| Average salary | $101,645 | $34,945 |
| Salary range | Between $58,000 And $176,000 | Between $26,000 And $46,000 |
| Highest paying City | Hartford, CT | San Francisco, CA |
| Highest paying state | Connecticut | California |
| Best paying company | Oak Hill Advisors | Westfield State University |
| Best paying industry | Finance | - |
There are a few differences between a trading assistant and an administrative assistant in terms of educational background:
| Trading Assistant | Administrative Assistant | |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 47% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Western Carolina University |
Here are the differences between trading assistants' and administrative assistants' demographics:
| Trading Assistant | Administrative Assistant | |
| Average age | 50 | 50 |
| Gender ratio | Male, 58.6% Female, 41.4% | Male, 12.7% Female, 87.3% |
| Race ratio | Black or African American, 9.3% Unknown, 3.9% Hispanic or Latino, 16.3% Asian, 3.8% White, 66.0% American Indian and Alaska Native, 0.7% | Black or African American, 9.2% Unknown, 3.9% Hispanic or Latino, 16.0% Asian, 3.8% White, 66.4% American Indian and Alaska Native, 0.7% |
| LGBT Percentage | 6% | 6% |