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The differences between trading assistants and administrative assistant/technicals 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/technical. Additionally, a trading assistant has an average salary of $101,645, which is higher than the $42,541 average annual salary of an administrative assistant/technical.
The top three skills for a trading assistant include trade shows, P/L and securities. The most important skills for an administrative assistant/technical are patients, data entry, and powerpoint.
| Trading Assistant | Administrative Assistant/Technical | |
| Yearly salary | $101,645 | $42,541 |
| Hourly rate | $48.87 | $20.45 |
| Growth rate | -8% | -8% |
| Number of jobs | 26,872 | 122,180 |
| Job satisfaction | - | - |
| 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.
An administrative assistant/technical is primarily responsible for performing clerical and support tasks in a company, ensuring efficiency and timeliness. They must produce progress reports, process documentation, receive communication letters, manage schedules, and even greet visitors. There are also instances when an administrative assistant/technical has to answer calls and correspondence, respond to inquiries, address issues and concerns, and resolve them promptly and professionally. Furthermore, it is essential to maintain records of all transactions, coordinate with different departments, and adhere to the company's policies and regulations.
Trading assistants and administrative assistant/technicals have different pay scales, as shown below.
| Trading Assistant | Administrative Assistant/Technical | |
| Average salary | $101,645 | $42,541 |
| Salary range | Between $58,000 And $176,000 | Between $31,000 And $58,000 |
| Highest paying City | Hartford, CT | Olympia, WA |
| Highest paying state | Connecticut | Connecticut |
| Best paying company | Oak Hill Advisors | Plante & Moran PLLC. |
| Best paying industry | Finance | Manufacturing |
There are a few differences between a trading assistant and an administrative assistant/technical in terms of educational background:
| Trading Assistant | Administrative Assistant/Technical | |
| 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 assistant/technicals' demographics:
| Trading Assistant | Administrative Assistant/Technical | |
| Average age | 50 | 50 |
| Gender ratio | Male, 58.6% Female, 41.4% | Male, 19.0% Female, 81.0% |
| 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, 9.3% Unknown, 3.9% Hispanic or Latino, 16.2% Asian, 3.8% White, 66.1% American Indian and Alaska Native, 0.7% |
| LGBT Percentage | 6% | 6% |