Equity traders continuously watch the market and manage monetary investments in various financial products based on equities. They are also responsible for the execution or buy and sell orders under the portfolio manager. Equity traders need to constantly be aware of client intentions, and need to watch for any news that may affect the stocks their clients might be trading. Traders work closely with analysts to understand investment ideas and trade intentions. Traders are also required to maintain strong client relationships. To enter an equity trading career at a junior level one generally needs around 3 years of experience in a trading position.

Responsibilities Include

• Manage equity orders
• Engage with broker relationships and market participants
• Constantly be aware of market trends and work with analysts to disseminate relevant information to clients
• Design trading strategies best suited to the firm's financial goals

Alternate Name

Agency traders (also known as coverage traders or sales traders), Liability traders (also known as capital traders or facilitation traders)

Earning Potential

$100,000-$1,000,000+/year
Avg Salaries from Canadian job sites