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Trading assistant vs assistant

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 vs assistant overview

Trading AssistantAssistant
Yearly salary$101,645$37,363
Hourly rate$48.87$17.96
Growth rate-8%-8%
Number of jobs26,872557,900
Job satisfaction--
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 49%
Average age5050
Years of experience22

What does a trading assistant do?

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.

What does an assistant do?

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 assistant vs assistant salary

Trading assistants and assistants have different pay scales, as shown below.

Trading AssistantAssistant
Average salary$101,645$37,363
Salary rangeBetween $58,000 And $176,000Between $16,000 And $82,000
Highest paying CityHartford, CTBoston, MA
Highest paying stateConnecticutMassachusetts
Best paying companyOak Hill AdvisorsLatham & Watkins
Best paying industryFinanceEducation

Differences between trading assistant and assistant education

There are a few differences between a trading assistant and an assistant in terms of educational background:

Trading AssistantAssistant
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 49%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaWestern Carolina University

Trading assistant vs assistant demographics

Here are the differences between trading assistants' and assistants' demographics:

Trading AssistantAssistant
Average age5050
Gender ratioMale, 58.6% Female, 41.4%Male, 40.7% Female, 59.3%
Race ratioBlack 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 Percentage6%6%

Differences between trading assistant and assistant duties and responsibilities

Trading assistant example responsibilities.

  • Manage the cross-book with various brokers, trying to get the best rates for ADR trades.
  • Ensure accurate communication between traders and stock markets and manage all derivative portfolios for internationally known trading corporation.
  • Maintain the day-to-day operations of multiple internal trade capture applications, including creating new securities and managing the various classifications.
  • Ensure reporting accuracy by preparing daily profit/loss spreadsheet for entire manage portfolio, including accrual of market positions initiate and liquidate.
  • Cash management and various reconciliations of the hedge fund's feeder and master funds.
  • Calculate daily P/L for hedge fund consisting of futures, equities, and foreign currencies.
  • Show more

Assistant example responsibilities.

  • Manage circulations, including educational textbooks and DVDS, video technology and supplies.
  • Manage branches providing information technology support, logistics, training and operational support.
  • Manage company's twitter account and communicate with multiple physical therapy providers around the country
  • Optimize productivity in prioritizing and managing special projects, PowerPoint presentations for classes, and proctore exams for undergraduate classes.
  • Assist in jewelry design and assembly, manage company Facebook page, participate in wholesale buying, and manage retail inventory
  • Manage and update company Facebook page with daily updates, finding/sharing relevant and interesting information, and encouraging fan engagement.
  • Show more

Trading assistant vs assistant skills

Common trading assistant skills
  • Trade Shows, 12%
  • P/L, 7%
  • Securities, 7%
  • Portfolio, 6%
  • Bloomberg, 6%
  • Fixed Income, 5%
Common assistant skills
  • Patients, 27%
  • Customer Service, 13%
  • Patient Care, 8%
  • CPR, 5%
  • Sales Floor, 5%
  • Scheduling Appointments, 3%

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