Senior Trader Salary at Port 22 Llc BETA

How much does a Port 22 Llc Senior Trader make?

As of December 2024, the average annual salary for a Senior Trader at Port 22 Llc is $93,426, which translates to approximately $45 per hour. Salaries for Senior Trader at Port 22 Llc typically range from $75,775 to $104,949, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Port 22 LLC Overview

Website:
port22group.com
Size:
<25 Employees
Revenue:
$5M - $10M
Industry:
Financial Services

Port 22 is a high speed algorithmic trading group located in Chicago, Illinois. Founded in 2005 as a software development project designed to maximize trading opportunities in the electronic futures markets, Port 22 now utilizes its ultra low latency proprietary trading software on exchanges all around the world. Port 22 is co-located on all major exchanges trading diversified strategies across a wide spectrum of different products.

See similar companies related to Port 22 Llc

What Skills Does a person Need at Port 22 Llc?

At Port 22 Llc, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Trading: Trading is the act or process of buying, selling, or exchanging commodities, at either wholesale or retail, within a country or between countries.
  2. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  3. Economics: Economics is a social science that focuses on the production, distribution, and consumption of goods and services, and analyzes the choices that individuals, businesses, governments, and nations make to allocate resources.
  4. Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.
  5. Risk Management: Risk management is the identification, evaluation, and prioritization of risks (defined in ISO 31000 as the effect of uncertainty on objectives) followed by coordinated and economical application of resources to minimize, monitor, and control the probability or impact of unfortunate events or to maximize the realization of opportunities. Risks can come from various sources including uncertainty in financial markets, threats from project failures (at any phase in design, development, production, or sustainment life-cycles), legal liabilities, credit risk, accidents, natural causes and disasters, deliberate attack from an adversary, or events of uncertain or unpredictable root-cause. There are two types of events i.e. negative events can be classified as risks while positive events are classified as opportunities. Several risk management standards have been developed including the Project Management Institute, the National Institute of Standards and Technology, actuarial societies, and ISO standards. Methods, definitions and goals vary widely according to whether the risk management method is in the context of project management, security, engineering, industrial processes, financial portfolios, actuarial assessments, or public health and safety.

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Check more jobs information at Port 22 Llc

Job Title Average Port 22 Llc Salary Hourly Rate
2 Fixed Income Trader $72,601 $35
3 Derivatives Trader $72,778 $35

Hourly Pay at Port 22 Llc

The average hourly pay at Port 22 Llc for a Senior Trader is $45 per hour. The location, department, and job description all have an impact on the typical compensation for Port 22 Llc positions. The pay range and total remuneration for the job title are shown in the table below. Port 22 Llc may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $93,426 look to you?

FAQ about Salary and Jobs at Port 22 Llc

1. How much does Port 22 Llc pay per hour?
The average hourly pay is $45. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Port 22 Llc?
According to the data, the highest approximate salary is about $104,949 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Port 22 Llc?
According to the data, the lowest estimated salary is about $75,775 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.