As of July 01, 2026, the average salary for a Rates Trader in Utah is $81,814 per year, which breaks down to an hourly rate of $39.
However, a Rates Trader's salary can vary significantly. Here’s a look at the typical salary range:
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A Rates Trader's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Rates Traders. For example, consider the average annual salaries in these key locations:
For Rates Trader roles, the industry you choose can affect earning potential by as much as 100% (the gap between the highest and lowest paying industries). Data shows that the Software & Networking and Energy & Utilities sectors offer the strongest compensation, at 40% above the average. In contrast, Rates Trader positions in Telecom. or MFG Durable typically offer lower base pay, as these industries often view Rates Trader as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Software & Networking | $114,540 | $55.0 | 40% |
| Energy & Utilities | $98,177 | $47.0 | 20% |
| Healthcare | $94,086 | $45.0 | 15% |
| Business Services | $89,995 | $43.0 | 10% |
Understanding how a Rates Trader's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
Last Updated on July 01, 2026Ready to take the next step in your career? Browse thousands of current Rates Trader job openings on our job board. Use the search bar below to find your perfect match.
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