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The differences between trading assistants and business 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 a business administrative assistant. Additionally, a trading assistant has an average salary of $101,645, which is higher than the $38,994 average annual salary of a business administrative assistant.
The top three skills for a trading assistant include trade shows, P/L and securities. The most important skills for a business administrative assistant are powerpoint, data entry, and provides administrative support.
| Trading Assistant | Business Administrative Assistant | |
| Yearly salary | $101,645 | $38,994 |
| Hourly rate | $48.87 | $18.75 |
| Growth rate | -8% | -8% |
| Number of jobs | 26,872 | 101,678 |
| Job satisfaction | - | 2 |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 55% |
| 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.
A business administrative assistant is responsible for performing administrative and clerical duties to support business functions and operations. Business administrative assistants manage day-to-day business transactions by responding to clients' emails and phone calls, greeting guests, filing and submitting reports, scheduling appointments and business travels, monitoring inventories, and sending out communications across the organization as needed. They also operate the data management system for customer and client information reference by following strict protocols and data protection procedures.
Trading assistants and business administrative assistants have different pay scales, as shown below.
| Trading Assistant | Business Administrative Assistant | |
| Average salary | $101,645 | $38,994 |
| Salary range | Between $58,000 And $176,000 | Between $28,000 And $54,000 |
| Highest paying City | Hartford, CT | Berkeley, CA |
| Highest paying state | Connecticut | California |
| Best paying company | Oak Hill Advisors | Goldman Sachs |
| Best paying industry | Finance | Finance |
There are a few differences between a trading assistant and a business administrative assistant in terms of educational background:
| Trading Assistant | Business Administrative Assistant | |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 55% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Western Carolina University |
Here are the differences between trading assistants' and business administrative assistants' demographics:
| Trading Assistant | Business Administrative Assistant | |
| Average age | 50 | 50 |
| Gender ratio | Male, 58.6% Female, 41.4% | Male, 12.2% Female, 87.8% |
| 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, 16.3% Asian, 3.8% White, 65.9% American Indian and Alaska Native, 0.7% |
| LGBT Percentage | 6% | 6% |