Home > Salary > Algeria > Junior Trader Derivatives
A junior trader in derivatives is responsible for executing trades in financial instruments such as options, futures, and swaps. They work closely with senior traders and analysts to analyze market trends, identify trading opportunities, and manage risk. Junior traders assist in developing trading strategies, monitoring market conditions, and executing trades according to established guidelines.
This occupation requires strong analytical skills, a solid understanding of financial markets and derivative products, and the ability to make quick decisions under pressure. Junior traders must also possess excellent communication and teamwork skills, as they often collaborate with other traders and support staff. Attention to detail, discipline, and the ability to handle large amounts of data and complex calculations are also essential.
Estimated Yearly Salary: 3,655,779 DZD
Estimated Monthly Salary: 304,648 DZD
Estimated Weekly Salary: 70,303 DZD per week
Estimated Hourly Salary: 1,758 DZD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 294,792 DZD
Estimated Weekly Salary: 68,029 DZD per week
Estimated Hourly Salary: 1,701 DZD per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 21,122 USD
Estimated Monthly Salary: 1,760 USD
Estimated Weekly Salary: 406 USD per week
Estimated Hourly Salary: 10 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 3,655,779 DZD
Estimated Monthly Salary: 304,648 DZD
Estimated Weekly Salary: 70,303 DZD per week
Estimated Hourly Salary: 1,758 DZD per hour
By working as Junior Trader Derivatives a person can save up to 1,200 USD per month or 14,402 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Algeria, see costs of living in Algeria.
Estimated Yearly Salary for Junior Trader Derivatives
Last revision of data: 2025-01-04
Data as of 2025
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Junior Trader Derivatives salary in Algeria
Average Yearly Salary of Junior Trader Derivatives in Algeria is approximately 3,655,779 DZD (21,122 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Junior Trader Derivatives do?
A junior trader in derivatives is responsible for executing trades in financial instruments such as options, futures, and swaps. They work closely with senior traders and analysts to analyze market trends, identify trading opportunities, and manage risk. Junior traders assist in developing trading strategies, monitoring market conditions, and executing trades according to established guidelines.
This occupation requires strong analytical skills, a solid understanding of financial markets and derivative products, and the ability to make quick decisions under pressure. Junior traders must also possess excellent communication and teamwork skills, as they often collaborate with other traders and support staff. Attention to detail, discipline, and the ability to handle large amounts of data and complex calculations are also essential.
Skills: Junior Trader, Derivatives Trading, Financial Markets, Risk Management, Trading Strategies, Analytical Skills
Job industry: Finance
Job industry: Finance
How much does Junior Trader Derivatives make?
Salary details
How much does Junior Trader Derivatives make?Estimated Yearly Salary: 3,655,779 DZD
Estimated Monthly Salary: 304,648 DZD
Estimated Weekly Salary: 70,303 DZD per week
Estimated Hourly Salary: 1,758 DZD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 3,537,504 DZDEstimated Monthly Salary: 294,792 DZD
Estimated Weekly Salary: 68,029 DZD per week
Estimated Hourly Salary: 1,701 DZD per hour
Last revision of data: 2024-01-09Junior Trader Derivatives estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 21,122 USD
Estimated Monthly Salary: 1,760 USD
Estimated Weekly Salary: 406 USD per week
Estimated Hourly Salary: 10 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
Salary comparison to National average
Algeria, located in North Africa, is the largest country on the continent and the 10th largest in the world. It covers an area of approximately 2.38 million square kilometers. The population of Algeria is estimated to be around 44 million people. The country is known for its diverse landscapes, including the Sahara Desert, the Atlas Mountains, and the Mediterranean coastline.
Estimated national average yearly salary is 2,226,560 DZD (14,000 USD). Value indicated is pre-tax. Below graph shows estimated Junior Trader Derivatives job salary compared to average salary in Algeria.
Comparison shows that a person working as Junior Trader Derivatives in Algeria earns on average:
1.64 times the average salary (or 164% of average salary).
Estimated national average yearly salary is 2,226,560 DZD (14,000 USD). Value indicated is pre-tax. Below graph shows estimated Junior Trader Derivatives job salary compared to average salary in Algeria.
Comparison shows that a person working as Junior Trader Derivatives in Algeria earns on average:
1.64 times the average salary (or 164% of average salary).
Is Junior Trader Derivatives a well paid job?
Yes, our data shows that Junior Trader Derivatives is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Junior Trader Derivatives?
High salary for Junior Trader Derivatives would be somewhere between 4,021,357 DZD and 5,300,880 DZD. However this is an estimation based on Gaussian Distribution.How much can you save working as Junior Trader Derivatives in Algeria?
Living in Algeria the approximate monthly expenses are: 560 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 3,655,779 DZD
Estimated Monthly Salary: 304,648 DZD
Estimated Weekly Salary: 70,303 DZD per week
Estimated Hourly Salary: 1,758 DZD per hour
By working as Junior Trader Derivatives a person can save up to 1,200 USD per month or 14,402 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Algeria, see costs of living in Algeria.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Tunisia, Libya, Niger, Mali, Mauritania, Western Sahara, Morocco. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Junior Trader Derivatives
Tunisia is 18,076 USD
Morocco is 22,739 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Algeria
(25,311,833 DZD per year, pre-tax.)
2. Cardiologist
(21,013,816 DZD per year, pre-tax.)
(20,364,684 DZD per year, pre-tax.)
4. Neurosurgeon
(19,663,767 DZD per year, pre-tax.)
(19,645,969 DZD per year, pre-tax.)
6. Oncologist
(19,276,089 DZD per year, pre-tax.)
7. Urologist
(19,266,856 DZD per year, pre-tax.)
(19,264,961 DZD per year, pre-tax.)
(19,152,386 DZD per year, pre-tax.)
(19,151,120 DZD per year, pre-tax.)
Data as of 2025Random salary:
Technical support supervisor (2,426,950 DZD per year, pre-tax.)
It business process analyst (2,557,605 DZD per year, pre-tax.)
Electric meter tester (3,197,491 DZD per year, pre-tax.)
Learning specialist (2,337,888 DZD per year, pre-tax.)
Eligibility specialist (1,141,085 DZD per year, pre-tax.)
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