Securities traders salary

What Does a Securities Trader Do?

A securities trader, also known as a financial broker, works on buying and selling stocks, bonds, and other financial instruments on behalf of their clients. Their main task is to analyze market trends, provide investment advice, and execute trading transactions. This profession requires a deep understanding of financial markets and a high level of analytical ability.

Salary for Securities Traders

The average salary for a securities trader is 99 200 SEK per month. However, there is a significant difference between genders. Men earn an average of 104 900 SEK while women earn 71 600 SEK, meaning that women earn 68% of what men do in this profession. The highest salary for a securities trader is 106,000 SEK and belongs to a man working as a private sector employee with a post-secondary education of 3 years or more. The highest salary for a woman in the same profession is 77,000 SEK. The lowest salary for a securities trader is 71 600 SEK and belongs to a woman working in various sectors with an unspecified level of education. The lowest salary for a man in the same profession is 104 900 SEK.

Education and Qualifications

To become a securities trader, a post-secondary education in economics, finance, or a related field is usually required. Many employers prefer candidates with a bachelor's degree or higher. In addition to formal education, certifications such as the CFA (Chartered Financial Analyst) can be highly advantageous and sometimes necessary depending on the employer.

Requirements and Job Market

The job market for securities traders is competitive, and having a strong academic background and relevant work experience is important. Internships and trainee programs can be a crucial entry point into the industry. The ability to work under pressure, make quick decisions, and have analytical skills are essential to succeed in this profession.

Considerations

Working as a securities trader can be very rewarding but also demanding. The working hours can be long and stressful, especially during periods of high market activity. It is also important to have a continuous willingness to learn and stay updated with market trends and news.

Benefits

Many employers offer benefits such as paid training, which can help you stay updated with the latest changes in the finance sector. Other common benefits may include a company mobile phone, performance-based bonuses, and sometimes even stock options.