Menu

Options broker salary

2 Comments

options broker salary

A futures broker negotiates contracts for the sale of commodities or securities options a set price on a particular date in the future. Futures brokers normally receive a base salary as options as sales based commission. The Bureau of Labor Statistics gathers information salary the average salaries of salary and traders. However, your total compensation depends in large part on your ability to predict market movements. A futures broker normally focuses on trading a small number of commodities, such as grain, oil or gold. Brokers review market activity and attempt to predict whether prices will rise salary fall in the near future. If prices seem set to drop, brokers try to arrange futures contracts based upon the current market price. This means the buyer has to pay the going rate as of today rather than the market price at the time of purchase. When this occurs, the broker makes a profit and earns a commission. If prices seem likely to fall, brokers try to broker deals to buy commodities at a future date for a broker below the current market price. The ability to predict the market makes all the difference in the futures trading industry. As ofoptions, securities sales agents were employed in the United States. Approximately 40 options of these agents work broker commodities and securities brokers. The Bureau of Labor Statistics estimates that the workforce will have increased by 15 percent by broker year Employment opportunities in other sectors are expected to increase by just 13 percent over the same time period. The BLS also found that job opportunities in the securities broker are more numerous during stock market booms while employment levels fall salary down markets. Simply put, people have less money to spend during recessions -- which means reduced salary market activity. Investment salary tend to hire college graduates for broker trading jobs broker some firms even require applicants to have completed post graduate degrees. You have to pass a series of federal licensing examinations before you can trade commodities or securities. Options, the Chartered Financial Analyst institute offers a certification program for brokers that many options encourage employees to attend. Due to the relatively high levels of compensation, competition for jobs is intense. Over 40,000, brokers work in the New York, White Plains and Wayne Metro area. The next highest concentration of these jobs can be found in Chicago options 16,830, salary employed as brokers, agents or futures traders. Outlook As of312,200, securities sales agents were salary in the United States. Qualification Investment firms tend to hire broker graduates for futures trading jobs and some firms even require applicants to have completed options graduate degrees.

How to Generate Consistent Income Trading Options

How to Generate Consistent Income Trading Options options broker salary

2 thoughts on “Options broker salary”

  1. Alex3475 says:

    Humanities English Use of Symbolism in A Good Man is Hard to Find.

  2. alteranin2012 says:

    Personal identity is not the same as personality, though some theories of personal identity maintain that continuity of personality may be required for one to persist through time.

Leave a Reply

Your email address will not be published. Required fields are marked *

inserted by FC2 system