Life As a Securities and Commodities Trader
Securities & Commodities Trader Example Buy and sell securities and commodities to transfer debt, capital, or risk. Establish and negotiate unit prices and terms of sale.
A Day in the Life of a Securities & Commodities Trader
- Inform other traders, managers, or customers of market conditions, including volume, price, competition, or dynamics.
- Review securities transactions to ensure conformance to regulations.
- Make transportation arrangements for sold or purchased commodities.
- Receive sales order tickets and inspect forms to determine accuracy of information.
- Make bids or offers to buy or sell securities.
- Identify or pursue investment strategies related to the green economy, including green hedge funds, renewable energy markets, or clean technology investment opportunities.
Qualities of a Securities & Commodities Trader
Securities and Commodities Traders state the following job skills are important in their day-to-day work.
Reading Comprehension: Understanding written sentences and paragraphs in work related documents.
Active Listening: Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
Speaking: Talking to others to convey information effectively.
Critical Thinking: Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
Judgment and Decision Making: Considering the relative costs and benefits of potential actions to choose the most appropriate one.
Mathematics: Using mathematics to solve problems.
Types of Securities and Commodities Trader
- Bank and Savings Securities Trader
- Options Trader
- Forex Trader
- Securities Trader
Job Outlook for Securities and Commodities Traders
There were about 375,700 jobs for Securities and Commodities Trader in 2016 (in the United States). New jobs are being produced at a rate of 6.2% which is above the national average. The Bureau of Labor Statistics predicts 23,200 new jobs for Securities and Commodities Trader by 2026. There will be an estimated 38,000 positions for Securities & Commodities Trader per year.
The states with the most job growth for Securities & Commodities Trader are Arizona, Utah, and Iowa. Watch out if you plan on working in Massachusetts, New Jersey, or Maine. These states have the worst job growth for this type of profession.
Do Securities and Commodities Traders Make A Lot Of Money?
The average yearly salary of a Securities & Commodities Trader ranges between $34,360 and $208,000.
Securities and Commodities Traders who work in New York, South Dakota, or Connecticut, make the highest salaries.
How much do Securities and Commodities Traders make in each U.S. state?
|State||Annual Mean Salary|
|District of Columbia||$103,380|
What Tools do Securities and Commodities Traders Use?
Although they’re not necessarily needed for all jobs, the following technologies are used by many Securities and Commodities Traders:
- Microsoft Excel
- Microsoft Office
- Microsoft PowerPoint
- Microsoft Outlook
- Web browser software
- Microsoft Access
- The MathWorks MATLAB
- Microsoft Visual Basic
- Customer information control system CICS
- Bloomberg Professional
How do I Become a Securities & Commodities Trader?
Education needed to be a Securities and Commodities Trader:
What work experience do I need to become a Securities & Commodities Trader?
Who Employs Securities and Commodities Traders?
Securities and Commodities Traders work in the following industries:
Image Credit: Dave Dugdale via Creative Commons Attribution-Share Alike 2.0 Generic
More about our data sources and methodologies.
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