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Trading assistant vs sales administrator/administrative assistant

The differences between trading assistants and sales administrator/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 sales administrator/administrative assistant. Additionally, a trading assistant has an average salary of $101,645, which is higher than the $36,442 average annual salary of a sales administrator/administrative assistant.

The top three skills for a trading assistant include trade shows, P/L and securities. The most important skills for a sales administrator/administrative assistant are reservations, word processing, and data entry.

Trading assistant vs sales administrator/administrative assistant overview

Trading AssistantSales Administrator/Administrative Assistant
Yearly salary$101,645$36,442
Hourly rate$48.87$17.52
Growth rate-8%-8%
Number of jobs26,872104,412
Job satisfaction--
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 53%
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 sales administrator/administrative assistant do?

A sales administrator/administrative assistant is responsible for assisting the sales department on its overall operations and strategies to sell goods and services that would increase the company's revenues and profitability. Sales administrator/administrative assistants perform administrative and clerical duties as needed, such as creating and evaluating sales reports, writing business proposals, scheduling meetings, booking events, and researching current market trends to identify business opportunities. They must have excellent customer service and communication skills, managing customers' inquiries and concerns, processing orders and payments, and ensuring customer satisfaction.

Trading assistant vs sales administrator/administrative assistant salary

Trading assistants and sales administrator/administrative assistants have different pay scales, as shown below.

Trading AssistantSales Administrator/Administrative Assistant
Average salary$101,645$36,442
Salary rangeBetween $58,000 And $176,000Between $29,000 And $44,000
Highest paying CityHartford, CTSanta Clara, CA
Highest paying stateConnecticutHawaii
Best paying companyOak Hill AdvisorsSplunk
Best paying industryFinanceTechnology

Differences between trading assistant and sales administrator/administrative assistant education

There are a few differences between a trading assistant and a sales administrator/administrative assistant in terms of educational background:

Trading AssistantSales Administrator/Administrative Assistant
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 53%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaWestern Carolina University

Trading assistant vs sales administrator/administrative assistant demographics

Here are the differences between trading assistants' and sales administrator/administrative assistants' demographics:

Trading AssistantSales Administrator/Administrative Assistant
Average age5050
Gender ratioMale, 58.6% Female, 41.4%Male, 9.7% Female, 90.3%
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, 9.2% Unknown, 3.9% Hispanic or Latino, 16.1% Asian, 3.8% White, 66.3% American Indian and Alaska Native, 0.7%
LGBT Percentage6%6%

Differences between trading assistant and sales administrator/administrative 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

Sales administrator/administrative assistant example responsibilities.

  • Contribute to marketing business online and manage Facebook page.
  • Invoice customer on completion of project.
  • Perform regular audits on the CRM system for data and process integrity and routine database maintenance.
  • Create accounts, contacts, and opportunities resulting in the successful execution of customer contracts in Salesforce.
  • Process new applications for merchant banking services, cash advance funding, POS equipment leasing, and small business lending.
  • Prepare and sustain business reports; expense tracking, monthly accrual and invoice payment submission, procurement card reconciliation report maintenance.
  • Show more

Trading assistant vs sales administrator/administrative assistant skills

Common trading assistant skills
  • Trade Shows, 12%
  • P/L, 7%
  • Securities, 7%
  • Portfolio, 6%
  • Bloomberg, 6%
  • Fixed Income, 5%
Common sales administrator/administrative assistant skills
  • Reservations, 12%
  • Word Processing, 8%
  • Data Entry, 7%
  • PowerPoint, 6%
  • Phone Calls, 5%
  • Payroll, 5%

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