Home > Salary > Algeria > Junior Trader Fixed Income
A junior trader in fixed income is responsible for assisting senior traders in executing trades related to fixed income securities such as bonds, treasury bills, and mortgage-backed securities. They work closely with the trading desk to identify potential trading opportunities, analyze market trends, and monitor risk exposure. Junior traders are involved in the entire trade lifecycle, from researching and analyzing investment opportunities to negotiating prices and executing trades. They also collaborate with other departments, such as research and sales, to gather market intelligence and provide insights to clients.
Estimated Yearly Salary: 2,918,295 DZD
Estimated Monthly Salary: 243,191 DZD
Estimated Weekly Salary: 56,121 DZD per week
Estimated Hourly Salary: 1,403 DZD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 235,395 DZD
Estimated Weekly Salary: 54,322 DZD per week
Estimated Hourly Salary: 1,358 DZD per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 16,938 USD
Estimated Monthly Salary: 1,412 USD
Estimated Weekly Salary: 326 USD per week
Estimated Hourly Salary: 8 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: 2,918,295 DZD
Estimated Monthly Salary: 243,191 DZD
Estimated Weekly Salary: 56,121 DZD per week
Estimated Hourly Salary: 1,403 DZD per hour
By working as Junior Trader Fixed Income a person can save up to 852 USD per month or 10,218 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 Fixed Income
Last revision of data: 2025-01-04
Data as of 2025
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Junior Trader Fixed Income salary in Algeria
Average Yearly Salary of Junior Trader Fixed Income in Algeria is approximately 2,918,295 DZD (16,938 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 Fixed Income do?
A junior trader in fixed income is responsible for assisting senior traders in executing trades related to fixed income securities such as bonds, treasury bills, and mortgage-backed securities. They work closely with the trading desk to identify potential trading opportunities, analyze market trends, and monitor risk exposure. Junior traders are involved in the entire trade lifecycle, from researching and analyzing investment opportunities to negotiating prices and executing trades. They also collaborate with other departments, such as research and sales, to gather market intelligence and provide insights to clients.
Skills: Junior Trader, Fixed Income, Trading Desk, Market Analysis, Risk Management, Trade Execution.
Job industry: Finance
Job industry: Finance
How much does Junior Trader Fixed Income make?
Salary details
How much does Junior Trader Fixed Income make?Estimated Yearly Salary: 2,918,295 DZD
Estimated Monthly Salary: 243,191 DZD
Estimated Weekly Salary: 56,121 DZD per week
Estimated Hourly Salary: 1,403 DZD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 2,824,744 DZDEstimated Monthly Salary: 235,395 DZD
Estimated Weekly Salary: 54,322 DZD per week
Estimated Hourly Salary: 1,358 DZD per hour
Last revision of data: 2024-01-09Junior Trader Fixed Income estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 16,938 USD
Estimated Monthly Salary: 1,412 USD
Estimated Weekly Salary: 326 USD per week
Estimated Hourly Salary: 8 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
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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 Fixed Income job salary compared to average salary in Algeria.
Comparison shows that a person working as Junior Trader Fixed Income in Algeria earns on average:
1.31 times the average salary (or 131% 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 Fixed Income job salary compared to average salary in Algeria.
Comparison shows that a person working as Junior Trader Fixed Income in Algeria earns on average:
1.31 times the average salary (or 131% of average salary).
Is Junior Trader Fixed Income a well paid job?
Yes, our data shows that Junior Trader Fixed Income 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 Fixed Income?
High salary for Junior Trader Fixed Income would be somewhere between 3,210,125 DZD and 4,231,528 DZD. However this is an estimation based on Gaussian Distribution.How much can you save working as Junior Trader Fixed Income 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: 2,918,295 DZD
Estimated Monthly Salary: 243,191 DZD
Estimated Weekly Salary: 56,121 DZD per week
Estimated Hourly Salary: 1,403 DZD per hour
By working as Junior Trader Fixed Income a person can save up to 852 USD per month or 10,218 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 Fixed Income
Tunisia is 14,439 USD
Morocco is 18,103 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:
Javascript developer (3,933,501 DZD per year, pre-tax.)
Sap planner (2,085,432 DZD per year, pre-tax.)
Health screener (1,240,756 DZD per year, pre-tax.)
Legal administrator (2,382,419 DZD per year, pre-tax.)
Journalist financial (2,065,758 DZD per year, pre-tax.)
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