Home > Salary > Algeria > Junior Trader Hedge Fund
A junior trader in a hedge fund is responsible for executing trades on behalf of the fund's portfolio managers. They assist in implementing investment strategies and monitoring market conditions to identify potential trading opportunities. Junior traders work closely with senior traders and analysts to analyze market data, research securities, and develop trading strategies. They are also involved in risk management activities, ensuring compliance with regulatory requirements, and maintaining accurate trade records.
This role requires strong analytical skills, a solid understanding of financial markets, and the ability to make quick decisions under pressure. Junior traders must possess excellent communication and teamwork skills, as they collaborate with various teams within the hedge fund. Attention to detail, a passion for finance, and the ability to adapt to a fast-paced environment are crucial for success in this occupation.
Estimated Yearly Salary: 5,151,635 DZD
Estimated Monthly Salary: 429,303 DZD
Estimated Weekly Salary: 99,070 DZD per week
Estimated Hourly Salary: 2,477 DZD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 415,791 DZD
Estimated Weekly Salary: 95,952 DZD per week
Estimated Hourly Salary: 2,399 DZD per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 29,861 USD
Estimated Monthly Salary: 2,488 USD
Estimated Weekly Salary: 574 USD per week
Estimated Hourly Salary: 14 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: 5,151,635 DZD
Estimated Monthly Salary: 429,303 DZD
Estimated Weekly Salary: 99,070 DZD per week
Estimated Hourly Salary: 2,477 DZD per hour
By working as Junior Trader Hedge Fund a person can save up to 1,928 USD per month or 23,141 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 Hedge Fund
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Clinical informatics manager (4,674,110 DZD per year, pre-tax.)
Tool and die shop foreman (2,783,374 DZD per year, pre-tax.)
Radiology transporter (1,092,271 DZD per year, pre-tax.)
Data entry operator iii (1,287,930 DZD per year, pre-tax.)
Food service director (1,987,062 DZD per year, pre-tax.)
Junior Trader Hedge Fund salary in Algeria
Average Yearly Salary of Junior Trader Hedge Fund in Algeria is approximately 5,151,635 DZD (29,861 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 Hedge Fund do?
A junior trader in a hedge fund is responsible for executing trades on behalf of the fund's portfolio managers. They assist in implementing investment strategies and monitoring market conditions to identify potential trading opportunities. Junior traders work closely with senior traders and analysts to analyze market data, research securities, and develop trading strategies. They are also involved in risk management activities, ensuring compliance with regulatory requirements, and maintaining accurate trade records.
This role requires strong analytical skills, a solid understanding of financial markets, and the ability to make quick decisions under pressure. Junior traders must possess excellent communication and teamwork skills, as they collaborate with various teams within the hedge fund. Attention to detail, a passion for finance, and the ability to adapt to a fast-paced environment are crucial for success in this occupation.
Skills: Junior Trader, Hedge Fund, Trading Strategies, Financial Markets, Risk Management, Analytical Skills
Job industry: Finance
Job industry: Finance
How much does Junior Trader Hedge Fund make?
Salary details
How much does Junior Trader Hedge Fund make?Estimated Yearly Salary: 5,151,635 DZD
Estimated Monthly Salary: 429,303 DZD
Estimated Weekly Salary: 99,070 DZD per week
Estimated Hourly Salary: 2,477 DZD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 4,989,493 DZDEstimated Monthly Salary: 415,791 DZD
Estimated Weekly Salary: 95,952 DZD per week
Estimated Hourly Salary: 2,399 DZD per hour
Last revision of data: 2024-01-06Junior Trader Hedge Fund estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 29,861 USD
Estimated Monthly Salary: 2,488 USD
Estimated Weekly Salary: 574 USD per week
Estimated Hourly Salary: 14 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 Hedge Fund job salary compared to average salary in Algeria.
Comparison shows that a person working as Junior Trader Hedge Fund in Algeria earns on average:
2.31 times the average salary (or 231% 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 Hedge Fund job salary compared to average salary in Algeria.
Comparison shows that a person working as Junior Trader Hedge Fund in Algeria earns on average:
2.31 times the average salary (or 231% of average salary).
Is Junior Trader Hedge Fund a well paid job?
Yes, our data show that Junior Trader Hedge Fund is a very 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 Hedge Fund?
High salary for Junior Trader Hedge Fund would be somewhere between 5,666,799 DZD and 7,469,871 DZD. However this is an estimation based on Gaussian Distribution.How much can you save working as Junior Trader Hedge Fund 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: 5,151,635 DZD
Estimated Monthly Salary: 429,303 DZD
Estimated Weekly Salary: 99,070 DZD per week
Estimated Hourly Salary: 2,477 DZD per hour
By working as Junior Trader Hedge Fund a person can save up to 1,928 USD per month or 23,141 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 Hedge Fund
Tunisia is 25,492 USD
Morocco is 31,999 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:
Clinical informatics manager (4,674,110 DZD per year, pre-tax.)
Tool and die shop foreman (2,783,374 DZD per year, pre-tax.)
Radiology transporter (1,092,271 DZD per year, pre-tax.)
Data entry operator iii (1,287,930 DZD per year, pre-tax.)
Food service director (1,987,062 DZD per year, pre-tax.)
Feedback about these results
Please provide feedback by clicking buttons below if you find any of our salaries erroneous.
Link to this graph - use the following code to display the salary graph on your page:
<a href='https://optisalary.com/salary?country=algeria&job=junior-trader-hedge-fund'><img src='https://optisalary.com/wp-content/graphs/salary/junior-trader-hedge-fund-salary-in-algeria-2025.jpg' alt='junior trader hedge fund salary in algeria 2025' title='junior trader hedge fund salary in algeria 2025' /></a>
Please note:Salary information displayed on this site is informational exclusively.
Salary details displayed on this website are meant for informational use exclusively. Our data comes from multiple inputs and may not always be accurate. Users must cross-reference salary information independently before making employment commitments. The figures shown here may fluctuate due to variables such as location, industry standards, and individual skill sets. We do not guarantee that the information displayed is flawless. By accessing this website, you agree that salary information is presented 'as is' and without warranties.
The salary figures presented here are intended for reference purposes solely. While we attempt to ensure accuracy, we cannot guarantee every estimate is flawless. Users are advised to research salary details with official sources before making important financial choices. Salary amounts may fluctuate due to negotiation, industry trends, and location. We disclaim responsibility for errors in the compensation data displayed.