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Securities and Commodities Trader

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JOB OUTLOOK

Stable

Money & Outlook

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North Dakota Earnings

North Dakota Regional Earnings

North Dakota Metropolitan Areas Wages

Region Average Entry Level Experienced
Bismarck MSA $232,180 or $111.63/hr $40,990 or $19.71/hr $239,200 or $115.00/hr
Fargo ND-MN MSA $138,460 or $66.57/hr $39,190 or $18.84/hr $239,200 or $115.00/hr
Grand Forks ND-MN MSA N/A N/A N/A

North Dakota Geographical Areas Wages

Region Average Entry Level Experienced
West North Dakota nonmetropolitan area N/A N/A N/A

North Dakota's Employment and Outlook (State-wide)

Outlook Stable
Growth rate is estimated to be 14%
Job Openings 47 estimated annual job openings
Employment 446 were employed in this occupation

North Dakota's Regional Employment and Outlook

Regions with increasing outlook (over 20% growth rate expected)

Region Employment Projected Growth Rate Annual Openings (growth) Annual Openings (replacement) Annual Openings
Region 5 265 21% 6 25 31

Regions with stable outlook (0 to 20% growth rate expected)

Region Employment Projected Growth Rate Annual Openings (growth) Annual Openings (replacement) Annual Openings
Region 1 11 18% 1 1
Region 2 20 5% 2 2
Region 4 39 8% 3 3
Region 6 13 0% 1 1
Region 7 76 17% 1 7 8

National Earnings

The earnings information below is for the occupational group Securities, Commodities, and Financial Services Sales Agents. The occupation Securities and Commodities Trader is part of this group.

Average Annual Wage

$100,740

Average Hourly Wage

$48.43

Average Annual Range

$40,200 to $189,620

Note: variations in salaries reflect differences in size of firm, location, level of education and professional credentials.

Where do these numbers come from?


National Employment and Outlook

Outlook stable
  The employment change from 2021 to 2031 is estimated to be +10%.
(The National average for all occupations is +5%)
Job Openings very small number
  A total of 4660 average annual openings are expected for this occupation between 2021 and 2031.
(The National Average for all occupations is 1,757 openings)
Employment large occupation
  This was a large occupation in the United States, employing 466,900 workers in 2021.
(The National average for all occupations is 142,207 workers)
Growth Faster than average growth
  Services that investment bankers provide, such as helping with initial public offerings and mergers and acquisitions, will continue to be in demand as the economy grows. The United States remains an international financial center, meaning that the economic growth of countries around the world will contribute to employment growth in the American financial industry. However, continuing consolidation in the financial services industry is projected to slow employment growth for these workers over the next decade. In addition, automated trading systems have reduced demand for securities traders. 
Industries Large concentrations of this occupation are found in these industries
  • Finance and insurance (NAICS520000) (88.7%)
  • Credit intermediation and related activities (NAICS522000) (52.7%)
  • Securities, commodity contracts, and other financial investments and related activities (NAICS523000) (32.9%)
  • Self-employed workers (6.1%)

Contact

  • Email Support
  • 1-800-GO-TO-XAP (1-800-468-6927)
    From outside the U.S., please call +1 (424) 750-3900
  • North Dakota Career Resource Network
    ndcrn@nd.gov | (701) 328-9733

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