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Salary and Benefits

Trading Assistant
$44K-$54K / yr. (est.)
$45K
$49,945 / year
$55K
Average base salary
The salary information provided is based on data collected from various reliable sources and may vary depending on individual qualifications and other factors.

About Trading Assistant

What does a Trading Assistant do?

We, the trading assistants, work with trading groups and hedge funds to deal in stocks and enhance the value of assigned stock portfolios. We work with a team of experienced researchers, portfolio managers, legal groups, and operations staff to make sure portfolios grow in value. We receive calls from clients, monitor the market closely, and refer complex issues to seasoned staff members. We work in day as well as in night shifts, give special attention to detail and we have the ability to manage workplace issues in a rapid-paced environment.

Core tasks:

  • providing clerical services
  • monitoring the market Assist trade execution
  • coordinating between coworkers and customers
  • calculating total holdings

Insights

How Many Years of Experience Do Professionals Need Before Becoming Trading Assistant?
On average, people work 3 yrs or less in other positions prior to becoming a Trading Assistant.
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Stock BrokerLos Angeles, CA - A year ago
As a successful trader, I can assure you that years of experience in other positions are not always indicative of trading prowess. It's all about an individual's passion, drive, and ability to adapt. 💯
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Options TraderSeattle, WA - A year ago
Seems like people nowadays don't have patience or commitment. It takes time and dedication to become a successful Trading Assistant. 😔
How Long Do Trading Assistant Employees Typically Stay in Their Roles?
On average, Trading Assistants works in this position for 3-5 years across multiple employers.
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Bank TellerHouston, TX - A year ago
😂 This infographic assumes all Trading Assistants have the same level of ambition and drive. Attitude and willingness to learn matter just as much as years of experience!
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AccountantSan Francisco, CA - A year ago
Excuse me, but as an Accountant, I expect Trading Assistants to work diligently and continuously improve their skills throughout their careers, not just in the first 3-5 years. This infographic is misleading!
What Is the Job Hopper Score for Trading Assistant Employees?
Moderate job changes in Trading Assistant, showing some career movement without excessive turnover.
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AccountantNew York City, NY - A year ago
Are there any studies that show job changes improve skill development and salary progression for accountants? 🤔
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Graphic DesignerSan Francisco, CA - A year ago
I've seen many graphic designers move around to gain exposure to different industries and creative styles. It keeps the design process fresh and exciting. 😎

Career path

Path to job

Discover a Trading Assistant's areas of knowledge sorted by their majors.
Explore the list of higher education institutions that a Trading Assistant typically studied at.
New York University
Pace University

Path after job

Community

Demographics

What Is the Age and Gender Ratio of Trading Assistant Employees?
Gender ratio in Trading Assistant position: 0.711738803565675 Male and 0.288261196434325 Female. Age ratio in Trading Assistant position: 16-20: 11%, 21-30: 82%, 31-40: 6%, 41-50: 1%, 51-60: 0%, 60+: 0%. Trading Assistant position is predominantly male (71.2%) with the largest age group being 21-30 years old, followed by 16-20 years old.
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Trading AssistantDallas, TX - A year ago
Hey ladies, we need more of you in here! Come and join the trading party! 💪
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Trading AssistantSan Francisco, CA - A year ago
I'm tired of this male-dominated industry. Time for some change! 👩

Workplaces

Who Are the Top Employers for Trading Assistant?
Top employers of Trading Assistant position: Bank of America Merrill Lynch, Bridgewater Associates, Citi. People who work in Trading Assistant position most typically go on to work for the Bank of America Merrill Lynch.
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Trading AssistantHouston, TX - A year ago
I would disagree. Bank of America Merrill Lynch may be one of the top employers for Trading Assistants, but don't discount the opportunities that other firms like Bridgewater Associates and Citi can offer.
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Trading AssistantSan Francisco, CA - A year ago
Bank of America Merrill Lynch's strong reputation in the finance industry makes it an attractive choice for Trading Assistants. They provide the resources and mentorship needed to thrive in this competitive field.
Bank of America Merrill Lynch
Bridgewater Associates
Citi
What Industries Does Trading Assistant Typically Have Experience In?
Industry Background: The most typical industries of Trading Assistant: Finance & Insurance, Professional / Scientific / Technical, Administrative & Support, Retail, Information Technology. Trading Assistant employees most likely come from a Finance & Insurance industry background.
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Stock BrokerMiami, FL - A year ago
Hey Finance Analyst, stop dismissing our hard work! Trading Assistants help optimize trading strategies and ensure smooth operations. Show some respect, will ya?
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Risk AnalystSeattle, WA - A year ago
I agree with the Finance Analyst. Trading Assistants might assist in data crunching, but they lack the expertise to make impactful decisions. Trust us real professionals!

Find your job as Trading Assistant

Discussion about Trading Assistant

Want to know more about Trading Assistant position?
Share your thoughts and ideas about Trading Assistant position with others in our community.
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What is the women/men ratio in the job of Trading Assistant?
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Liam Brown4 years ago
More men than women work as a Trading Assistant.
What is the typical age of people who work as a Trading Assistant?
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Isabella Holmes4 years ago
The average age is 25
Is a Trading Assistant considered to be a senior profession?
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Isabella Holmes4 years ago
1.5 years of experience is needed on average for a Trading Assistant.
Which industries does a Trading Assistant typically work in?
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Benjamin Gardner4 years ago
Finance & Insurance is the most probable for a Trading Assistant to work in.
What kind of degree is needed to work as a Trading Assistant?
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Benjamin Gardner4 years ago
Bachelor of Science degree is the typical for a Trading Assistant
Which company is likely to have openings for Trading Assistant positions?
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Benjamin Gardner4 years ago
Most people work for Bank of America Merrill Lynch, Bridgewater Associates, Citi, Morgan Stanley and Raymond James
How many years do people work as a Trading Assistant before changing their role?
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Sophie Hayes4 years ago
On average people change after 4 years.
How frequently people change companies if they work as a Trading Assistant?
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Isabella Holmes4 years ago
The job hopper score is medium for a Trading Assistant.
From which job titles people come from to work as a Trading Assistant?
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Isabella Holmes4 years ago
Most people come from Analyst, Trader or Financial Analyst roles
What typical professions people working as a Trading Assistant switch to?
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Benjamin Gardner4 years ago
Changing from a Trading Assistant to Trader, Vice President or Equity Trader is a typical career path.
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Disclaimer

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