Post job

Trading assistant vs business assistant

The differences between trading assistants and business 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 assistant. Additionally, a trading assistant has an average salary of $101,645, which is higher than the $42,247 average annual salary of a business assistant.

The top three skills for a trading assistant include trade shows, P/L and securities. The most important skills for a business assistant are customer service, patients, and data entry.

Trading assistant vs business assistant overview

Trading AssistantBusiness Assistant
Yearly salary$101,645$42,247
Hourly rate$48.87$20.31
Growth rate-8%-8%
Number of jobs26,87298,348
Job satisfaction--
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 58%
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 a business assistant do?

A business assistant is responsible for supporting various office functions, performing administrative and clerical duties to ensure efficient and smooth business operations, and provide high-quality services to the customers and business partners. Business assistants handle data processing procedures, writing business transaction reports, and coordinating with suppliers and third-party vendors for any requests made by the company. They welcome visitors, verify their appointments, and direct them to the appropriate personnel or department for their business concerns. A business assistant also schedules a meeting, assist in accounting and human resources tasks, and support the executives on corporate decisions.

Trading assistant vs business assistant salary

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

Trading AssistantBusiness Assistant
Average salary$101,645$42,247
Salary rangeBetween $58,000 And $176,000Between $29,000 And $60,000
Highest paying CityHartford, CTWashington, DC
Highest paying stateConnecticutOregon
Best paying companyOak Hill AdvisorsWhitney Museum of American Art
Best paying industryFinanceProfessional

Differences between trading assistant and business assistant education

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

Trading AssistantBusiness Assistant
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 58%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaWestern Carolina University

Trading assistant vs business assistant demographics

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

Trading AssistantBusiness Assistant
Average age5050
Gender ratioMale, 58.6% Female, 41.4%Male, 28.1% Female, 71.9%
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, 65.8% American Indian and Alaska Native, 0.7%
LGBT Percentage6%6%

Differences between trading assistant and business 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

Business assistant example responsibilities.

  • Utilize Salesforce CRM to research, qualify, and organize potential leads.
  • Manage personnel administration including hiring, benefits, records management, payroll administration and performance reviews.
  • Manage the receptionist area, including greeting visitors and responding to telephone and in-person requests for information.
  • Used complex SQL queries for data analysis, create store procedures and Unix scripts.
  • Process accurate orders in a timely manner using POS create system for JASON OE.
  • Contact physician's office to receive code if missing, ICD-9 coding when necessary.
  • Show more

Trading assistant vs business assistant skills

Common trading assistant skills
  • Trade Shows, 12%
  • P/L, 7%
  • Securities, 7%
  • Portfolio, 6%
  • Bloomberg, 6%
  • Fixed Income, 5%
Common business assistant skills
  • Customer Service, 18%
  • Patients, 12%
  • Data Entry, 9%
  • Excellent Organizational, 9%
  • PowerPoint, 6%
  • Financial Arrangements, 4%

Browse office and administrative jobs