Securities Trader Salary in Elk Grove Village, Illinois

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Average Salary for Securities Trader in Elk Grove Village, Illinois

The average salary of a(n) Securities Trader in Elk Grove Village, Illinois is $119,932.

The average hourly rate of a(n) Securities Trader in Elk Grove Village, Illinois is $57.66.

The average bonus of a(n) Securities Trader in Elk Grove Village, Illinois is $28,652.00.

Job Description:

Purchases and sells securities for brokerage firm according to sales order. Receives sales order ticket from registered representative, and inspects form to ensure accuracy of information. Contacts market maker (securities exchange or brokerage firm that is trading requested securities) to execute client orders for purchase or sale of securities, or completes transaction independently if brokerage firm is market maker in requested securities. Must pass state examination to receive license and become registered to trade securities. Writes and signs sales order confirmation forms to record and approve securities transactions. Reviews all securities transactions to ensure that trades conform to regulations of Securities and Exchange Commission, National Association of Securities Dealers, and other government agencies. May prepare financial reports to monitor corporate finances. May have management or supervisory responsibility for department employees. May provide clients with information on investments and sell securities and other financial services. Less

Purchases and sells securities for brokerage firm according to sales order. Receives sales order ticket from registered representative, and inspects form to ensure accuracy of information. Contacts market maker (securities exchange or brokerage firm that is trading requested securities) to... More

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