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Exchange Floor Manager
$130,168 (USD)/yr
$62.58 (USD)/hr
$10,492 (USD)/yr
The average exchange floor manager gross salary in Miami, Florida is $130,168 or an equivalent hourly rate of $63. This is 4% higher (+$5,501) than the average exchange floor manager salary in the United States. In addition, they earn an average bonus of $10,492. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Miami, Florida. An entry level exchange floor manager (1-3 years of experience) earns an average salary of $90,842. On the other end, a senior level exchange floor manager (8+ years of experience) earns an average salary of $161,821.
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ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.
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Salary Potential
$146,213 (USD)
12 %
Based on our compensation data, the estimated salary potential for Exchange Floor Manager will increase 12 % over 5 years.
Most Popular Skills for Exchange Floor Manager
Education
Education data not available for this job
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City Overview
The cost of living in Miami, Florida is 52% more than the average cost of living in the United States. Cost of living is calculated based on accumulating the cost of food, transportation, health services, rent, utilities, taxes, and miscellaneous.
View Cost of Living PageMiami, officially the City of Miami, is a coastal metropolis in the U.S. state of Florida and the seat of Miami-Dade County in South Florida. It is the core of the much larger Miami metropolitan area, which, with a population of 6.14 million, is the second-largest metropolitan area in the Southeast after Atlanta, and the ninth-largest in the United States. With a population of 442,241 within its city limits as of the 2020 census, Miami is the second-most populous city proper in Florida after Jacksonville...
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Job Description
Directs floor operations of brokerage firm engaged in buying and selling securities at exchange: monitors order flow and transactions that brokerage firm executes on floor of exchange. Reviews reports of securities transactions and price lists, using computer, to analyze market conditions. Informs staff of changes affecting firm or exchange. Calculates profit made by firm and estimates business volume lost to... competition. Develops plan to increase firm's market share of business. Negotiates business contracts with exchange officials, and represents firm by membership in various exchange committees. Interviews, selects, and hires employees, such as floor broker and clerical workers. Develops and implements plans to ensure compliance of workers with established programs and procedures. Conducts staff meetings to discuss changes in policy or to propose methods and procedures which could increase profit and trade volume. Monitors employee attendance and takes disciplinary action when regulations are violated. Evaluates employee job performance and promotes or terminates personnel. May place orders with independent trader when additional help is needed to fill orders for brokerage firm. May buy and sell securities on floor of exchange floor broker. May specialize according to type of securities traded at exchange and be designated manager, commodity exchange floor; manager, options exchange floor; manager, stock exchange floor.
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Disclaimer
This page is a promotion for SalaryExpert’s Assessor Platform and is not intended for professional use.
Professionals should subscribe to SalaryExpert’s Assessor Platform.
ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.
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