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The differences between trading assistants and 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 assistant. Additionally, a trading assistant has an average salary of $101,645, which is higher than the $37,363 average annual salary of an assistant.
The top three skills for a trading assistant include trade shows, P/L and securities. The most important skills for an assistant are patients, customer service, and patient care.
| Trading Assistant | Assistant | |
| Yearly salary | $101,645 | $37,363 |
| Hourly rate | $48.87 | $17.96 |
| Growth rate | -8% | -8% |
| Number of jobs | 26,872 | 557,900 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 49% |
| 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 assistant intern is responsible for facilitating administrative and clerical tasks as assigned by the management. Assistant interns' duties include keeping records of meetings, receiving calls and handling customer inquiries, assisting on writing reports and data entry processing, cooperating and providing support for business events, and adhering to company policies and regulatory procedures. Successful assistant interns must have excellent time-management, multi-tasking, and communication skills. They must be a team player and fast-learner to handle various tasks in the corporate industry.
Trading assistants and assistants have different pay scales, as shown below.
| Trading Assistant | Assistant | |
| Average salary | $101,645 | $37,363 |
| Salary range | Between $58,000 And $176,000 | Between $16,000 And $82,000 |
| Highest paying City | Hartford, CT | Boston, MA |
| Highest paying state | Connecticut | Massachusetts |
| Best paying company | Oak Hill Advisors | Latham & Watkins |
| Best paying industry | Finance | Education |
There are a few differences between a trading assistant and an assistant in terms of educational background:
| Trading Assistant | Assistant | |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 49% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Western Carolina University |
Here are the differences between trading assistants' and assistants' demographics:
| Trading Assistant | Assistant | |
| Average age | 50 | 50 |
| Gender ratio | Male, 58.6% Female, 41.4% | Male, 40.7% Female, 59.3% |
| 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, 9.4% Unknown, 3.9% Hispanic or Latino, 16.4% Asian, 3.8% White, 65.7% American Indian and Alaska Native, 0.7% |
| LGBT Percentage | 6% | 6% |